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Instrument Details

ISIN: INE019A07241

Face value

₹10,00,000

Coupon rate

10.34%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

1000

Instrument Type

Debenture

Returns

High

Date of Issue

18 Jan 2013

Maturity Date

18 Jan 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (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

JSW STEEL LIMITED 10.34 NCD 18JN24 FVRS10LAC LOA UPTO 06MY13
Jsw Steel Limited, a Iron & Steel Products company, has floated Debenture, having ISIN value as INE019A07241, with a face value of ₹10,00,000 rs on 18Jan13 to raise 1000 crores. The debt instrument is issued with a coupon rate of 10.34% 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 10.34% SECURED REEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 18/01/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 18Feb13. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 11Nov19. This issuer is formerly known as JINDAL VIJAYANAGAR STEEL LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA
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Date Verified
09 Mar 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
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
18-Jan-13 : Your investment
₹25,85,000
18-Apr-13 : Interest
₹25,85,000
18-Jul-13 : Interest
₹25,85,000
18-Oct-13 : Interest
₹25,85,000
18-Jan-14 : Interest
₹25,85,000
18-Apr-14 : Interest
₹25,85,000
18-Jul-14 : Interest
₹25,85,000
18-Oct-14 : Interest
₹25,85,000
18-Jan-15 : Interest
₹25,85,000
18-Apr-15 : Interest
₹25,85,000
18-Jul-15 : Interest
₹25,85,000
18-Oct-15 : Interest
₹25,85,000
18-Jan-16 : Interest
₹25,85,000
18-Apr-16 : Interest
₹25,85,000
18-Jul-16 : Interest
₹25,85,000
18-Oct-16 : Interest
₹25,85,000
18-Jan-17 : Interest
₹25,85,000
18-Apr-17 : Interest
₹25,85,000
18-Jul-17 : Interest
₹25,85,000
18-Oct-17 : Interest
₹25,85,000
18-Jan-18 : Interest
₹25,85,000
18-Apr-18 : Interest
₹25,85,000
18-Jul-18 : Interest
₹25,85,000
18-Oct-18 : Interest
₹25,85,000
18-Jan-19 : Interest
₹25,85,000
18-Apr-19 : Interest
₹25,85,000
18-Jul-19 : Interest
₹25,85,000
18-Oct-19 : Interest
₹25,85,000
18-Jan-20 : Interest
₹25,85,000
18-Apr-20 : Interest
₹25,85,000
18-Jul-20 : Interest
₹25,85,000
18-Oct-20 : Interest
₹25,85,000
18-Jan-21 : Interest
₹25,85,000
18-Apr-21 : Interest
₹25,85,000
18-Jul-21 : Interest
₹25,85,000
18-Oct-21 : Interest
₹25,85,000
18-Jan-22 : Interest
₹25,85,000
18-Apr-22 : Interest
₹25,85,000
18-Jul-22 : Interest
₹25,85,000
18-Oct-22 : Interest
₹25,85,000
18-Jan-23 : Interest
₹25,85,000
18-Apr-23 : Interest
₹25,85,000
18-Jul-23 : Interest
₹25,85,000
18-Oct-23 : Interest
₹25,85,000
18-Jan-24 : Interest
-₹3,01,583
18-Jan-24 : Interest
₹21,34,38,416
18-Jan-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹11,34,38,416)

Summary

Instrument Attributes

Value

Coupon Rate

10.34%

Returns

High

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Iron & Steel Products
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Capital Goods
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE019A07241 issued by Jsw Steel Limited

The instrument name of INE019A07241 ISIN is JSW STEEL LIMITED 10.34 NCD 18JN24 FVRS10LAC LOA UPTO 06MY13.
The interest earned from INE019A07241 bond issued by Jsw Steel Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE019A07241 bond issued by Jsw Steel Limited has been assigned a credit rating of AA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.34%, which determines the periodic interest payments made to bondholders.
The INE019A07241 Debenture is issued by Jsw Steel Limited, a Private Sector company.
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