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Instrument Details

ISIN: INE002A08542

Face value

₹10,00,000

Coupon rate

8.95%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

3000

Instrument Type

Debenture

Returns

High

Date of Issue

09 Nov 2018

Maturity Date

11 Sep 2028

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

RELIANCE INDUSTRIES LIMITED SERIES H 8.95 NCD 09NV28 FVRS10LAC
Reliance Industries Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE002A08542, with a face value of ₹10,00,000 rs on 09Nov18 to raise 3000 crores. The debt instrument is issued with a coupon rate of 8.95% and its interest is paid Annually. 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 Unsecured Debenture is 8.95% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURES DATE OF MATURITY 09/11/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on NSE stock exchange on 14Nov18 & on BSE stock exchange on 15Nov18. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 01Oct18. 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
Unsecured
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
09-Nov-18 : Your investment
₹89,50,000
09-Nov-19 : Interest
₹89,50,000
09-Nov-20 : Interest
₹89,50,000
09-Nov-21 : Interest
₹89,50,000
09-Nov-22 : Interest
₹89,50,000
09-Nov-23 : Interest
₹89,50,000
09-Nov-24 : Interest
₹89,50,000
09-Nov-25 : Interest
₹89,50,000
09-Nov-26 : Interest
₹89,50,000
09-Nov-27 : Interest
₹75,76,849
11-Sep-28 : Interest
₹18,81,26,849
11-Sep-28 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,81,26,849)

Summary

Instrument Attributes

Value

Coupon Rate

8.95%

Returns

High

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Basic Materials
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE002A08542 issued by Reliance Industries Limited

The instrument name of INE002A08542 ISIN is RELIANCE INDUSTRIES LIMITED SERIES H 8.95 NCD 09NV28 FVRS10LAC.
The interest earned from INE002A08542 bond issued by Reliance Industries Limited is paid Annually, ensuring regular and consistent income for investors.
This INE002A08542 bond issued by Reliance Industries Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.95%, which determines the periodic interest payments made to bondholders.
The INE002A08542 Debenture is issued by Reliance Industries Limited, a Private Sector company.
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