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Instrument Details

ISIN: INE002A08625

Face value

₹10,00,000

Coupon rate

7.05%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

4235

Instrument Type

Debenture

Returns

Medium

Date of Issue

13 May 2020

Maturity Date

13 Sep 2023

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 PPD M1 7.05 NCD 13SP23 FVRS10LAC LOAUPTO12MY2
Reliance Industries Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE002A08625, with a face value of ₹10,00,000 rs on 13May20 to raise 4235 crores. The debt instrument is issued with a coupon rate of 7.05% 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 7.05% UNSECURED, NOT GUARANTEED, TAXABLE, NON-CUMULATIVE, RATED, LISTED , REDEEMABLE, NON-CONVERTIBLE PRIVATE PLACEMENT OF DEBENTURES. LETTER OF ALLOTMENT. SERIES -PPD SERIES M1 . MATURITY DATE 13/09/2023. 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 18May20 & on BSE stock exchange on 19May20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 07May20. 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
13-May-20 : Your investment
₹70,50,000
13-May-21 : Interest
₹70,50,000
13-May-22 : Interest
₹70,50,000
13-May-23 : Interest
₹12,11,50,000
13-Sep-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,11,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.05%

Returns

Medium

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 INE002A08625 issued by Reliance Industries Limited

The instrument name of INE002A08625 ISIN is RELIANCE INDUSTRIES LIMITED PPD M1 7.05 NCD 13SP23 FVRS10LAC LOAUPTO12MY2.
The interest earned from INE002A08625 bond issued by Reliance Industries Limited is paid Annually, ensuring regular and consistent income for investors.
This INE002A08625 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 7.05%, which determines the periodic interest payments made to bondholders.
The INE002A08625 Debenture is issued by Reliance Industries Limited, a Private Sector company.
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