The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE219X07025

Face value

₹10,00,000

Coupon rate

RESET RATE - REFER REMARKS

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

435

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

14 Feb 2019

Maturity Date

14 Feb 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 + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

INDIA GRID TRUST SR ONE RR NCD 14FB29 FVRS10LAC LOAUPTO13FB19
India Grid Trust, a Power - Transmission company, has floated Debenture, having ISIN value as INE219X07025, with a face value of ₹10,00,000 rs on 14Feb19 to raise 435 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS 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 RESET RATE SECURED RATED SENIOR LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES ONE. DATE OF MATURITY 14/02/2029. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Mar19. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 27Feb19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
check
Date Verified
18 Jun 2024
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE - REFER REMARKS

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Power - Transmission
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE219X07025 issued by India Grid Trust

The instrument name of INE219X07025 ISIN is INDIA GRID TRUST SR ONE RR NCD 14FB29 FVRS10LAC LOAUPTO13FB19.
The interest earned from INE219X07025 bond issued by India Grid Trust is paid Quarterly, ensuring regular and consistent income for investors.
This INE219X07025 bond issued by India Grid 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.
The coupon rate of INE219X07025 bond issued by India Grid Trust is RESET RATE - REFER REMARKS.
The INE219X07025 Debenture is issued by India Grid Trust, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow