Instrument Details

ISIN: INE219X07058

Face value

₹10,00,000

Coupon rate

9.10 %

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

300

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Jul 2019

Maturity Date

29 Jul 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL 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 D 9.10 NCD 29JL24 FVRS10LAC LOAUPTO28JL19
India Grid Trust, a Power - Transmission company, has floated Debenture, having ISIN value as INE219X07058, with a face value of ₹10,00,000 rs on 29Jul19 to raise 300 crores. The debt instrument is issued with a coupon rate of 9.10 % 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 9.10% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES D. DATE OF MATURITY 29/07/2024. 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 14Aug19. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 01Jul19. 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
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

9.10 %

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 INE219X07058 issued by India Grid Trust

The instrument name of INE219X07058 ISIN is INDIA GRID TRUST SR D 9.10 NCD 29JL24 FVRS10LAC LOAUPTO28JL19.
The interest earned from INE219X07058 bond issued by India Grid Trust is paid Quarterly, ensuring regular and consistent income for investors.
This INE219X07058 bond issued by India Grid Trust has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE219X07058 bond issued by India Grid Trust is 9.10 %.
The INE219X07058 Debenture is issued by India Grid Trust, a Private Sector company.