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8.25% Highways Infrastructure Trust - AAA Rated (INE0KXY07026)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE0KXY07026
Face value
₹10,00,000
Coupon rate
8.25%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
250
Instrument Type
Debenture
Returns
High
Date of Issue
23 Sep 2022
Maturity Date
22 Sep 2029
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
HIGHWAYS INFRASTRUCTURE TRUST SR II 8.25 NCD 22SP29 FVRS10LAC
Highways Infrastructure Trust, has floated Debenture,
having ISIN value as INE0KXY07026, with a face value of ₹10,00,000 rs on 23Sep22 to raise 250 crores. The debt instrument
is issued with a coupon rate of 8.25% and its interest is paid
Quarterly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment.
As per the filings, the long description of this Secured
Debenture is 8.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES II. DATE OF MATURITY 22/09/2029.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 26Sep22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Debenture on 22Sep22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
23-Sep-22 : Your investment
₹20,62,500
23-Dec-22 : Interest
₹20,62,500
23-Mar-23 : Interest
₹20,62,500
23-Jun-23 : Interest
₹20,62,500
23-Sep-23 : Interest
₹20,62,500
23-Dec-23 : Interest
₹20,62,500
23-Mar-24 : Interest
₹20,62,500
23-Jun-24 : Interest
₹20,62,500
23-Sep-24 : Interest
₹20,62,500
23-Dec-24 : Interest
₹20,62,500
23-Mar-25 : Interest
₹20,62,500
23-Jun-25 : Interest
₹20,62,500
23-Sep-25 : Interest
₹20,62,500
23-Dec-25 : Interest
₹20,62,500
23-Mar-26 : Interest
₹20,62,500
23-Jun-26 : Interest
₹20,62,500
23-Sep-26 : Interest
₹20,62,500
23-Dec-26 : Interest
₹20,62,500
23-Mar-27 : Interest
₹20,62,500
23-Jun-27 : Interest
₹20,62,500
23-Sep-27 : Interest
₹20,62,500
23-Dec-27 : Interest
₹20,62,500
23-Mar-28 : Interest
₹20,62,500
23-Jun-28 : Interest
₹20,62,500
23-Sep-28 : Interest
₹20,62,500
23-Dec-28 : Interest
₹20,62,500
23-Mar-29 : Interest
₹20,62,500
23-Jun-29 : Interest
₹13,40,625
22-Sep-29 : Interest
₹15,70,28,125
22-Sep-29 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,70,28,125)
Summary
Instrument Attributes
Value
Coupon Rate
8.25%
Returns
High
Bond Rating
AAA
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Others
HEAD OFFICE
Mumbai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Highways Infrastructure Trust
FAQs about INE0KXY07026 issued by Highways Infrastructure Trust
What is the instrument name of INE0KXY07026 ISIN?
The instrument name of INE0KXY07026 ISIN is HIGHWAYS INFRASTRUCTURE TRUST SR II 8.25 NCD 22SP29 FVRS10LAC.
How frequently is the interest paid on INE0KXY07026 bond issued by Highways Infrastructure Trust?
The interest earned from INE0KXY07026 bond issued by Highways Infrastructure Trust is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE0KXY07026 bond issued by Highways Infrastructure Trust?
This INE0KXY07026 bond issued by Highways Infrastructure Trust has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE0KXY07026 bond issued by Highways Infrastructure Trust?
This Debenture offers a coupon rate of 8.25%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE0KXY07026 Debenture?
The INE0KXY07026 Debenture is issued by Highways Infrastructure Trust, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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