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Instrument Details

ISIN: INE019A07431

Face value

₹10,00,000

Coupon rate

8.50%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

4000

Instrument Type

Debenture

Returns

High

Date of Issue

12 Oct 2020

Maturity Date

10 Dec 2027

Perpetual

Yes

Listing Status

Listed

Rating status

AA (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

JSW STEEL LIMITED 8.50 NCD 12OT27 FVRS10LAC
Jsw Steel Limited, a Iron & Steel Products company, has floated Debenture, having ISIN value as INE019A07431, with a face value of ₹10,00,000 rs on 12Oct20 to raise 4000 crores. The debt instrument is issued with a coupon rate of 8.50% and its interest is paid Semi 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 Secured Debenture is 8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 12/10/2027. 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 14Oct20. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 30Sep20. 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
None
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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
12-Oct-20 : Your investment
₹42,50,000
12-Apr-21 : Interest
₹42,50,000
12-Oct-21 : Interest
₹42,50,000
12-Apr-22 : Interest
₹42,50,000
12-Oct-22 : Interest
₹42,50,000
12-Apr-23 : Interest
₹42,50,000
12-Oct-23 : Interest
₹42,50,000
12-Apr-24 : Interest
₹42,50,000
12-Oct-24 : Interest
₹42,50,000
12-Apr-25 : Interest
₹42,50,000
12-Oct-25 : Interest
₹42,50,000
12-Apr-26 : Interest
₹42,50,000
12-Oct-26 : Interest
₹42,50,000
12-Apr-27 : Interest
₹42,50,000
12-Oct-27 : Interest
₹1,18,055
10-Dec-27 : Interest
₹15,96,18,055
10-Dec-27 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,96,18,055)

Summary

Instrument Attributes

Value

Coupon Rate

8.50%

Returns

High

Bond Rating

AA

Seniority in Repayment

None

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 INE019A07431 issued by Jsw Steel Limited

The instrument name of INE019A07431 ISIN is JSW STEEL LIMITED 8.50 NCD 12OT27 FVRS10LAC.
The interest earned from INE019A07431 bond issued by Jsw Steel Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE019A07431 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 8.5%, which determines the periodic interest payments made to bondholders.
The INE019A07431 Debenture is issued by Jsw Steel Limited, a Private Sector company.
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