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Instrument Details

ISIN: INE091D11139

Face value

₹10,00,000

Coupon rate

0.40%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

42.9

Instrument Type

Bond

Returns

Low

Date of Issue

15 Oct 2008

Maturity Date

15 Oct 2026

Perpetual

Yes

Listing Status

Listed

Rating status

BBB-(CE) (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

PUNJAB INFRASTRUCTURE DEVELOPMENT BOARD 0.4 LOA 15OT26 FVRS10LAC
Punjab Infrastructure Development Board, a Utilities company, has floated Bond, having ISIN value as INE091D11139, with a face value of ₹10,00,000 rs on 15Oct08 to raise 42.9 crores. The debt instrument is issued with a coupon rate of 0.40% 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 Secured Bond is 0.40% Unsecured Non Convertible Deep Discount Bonds (2008 Series-III) in the nature of Debentures. Letter of allotment ,STRPP-C.Date of Maturity: 15/10/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is listed on BSE stock exchange on 22Sep09 & on NSE stock exchange on 22Sep09. CARE Ratings Limited has given BBB-(CE) rating to this Bond on 15Oct08. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB-(CE)
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Date Verified
01 Mar 2024
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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
15-Oct-08 : Your investment
₹4,00,000
15-Oct-09 : Interest
₹4,00,000
15-Oct-10 : Interest
₹4,00,000
15-Oct-11 : Interest
₹4,00,000
15-Oct-12 : Interest
₹4,00,000
15-Oct-13 : Interest
₹4,00,000
15-Oct-14 : Interest
₹4,00,000
15-Oct-15 : Interest
₹4,00,000
15-Oct-16 : Interest
₹4,00,000
15-Oct-17 : Interest
₹4,00,000
15-Oct-18 : Interest
₹4,00,000
15-Oct-19 : Interest
₹4,00,000
15-Oct-20 : Interest
₹4,00,000
15-Oct-21 : Interest
₹4,00,000
15-Oct-22 : Interest
₹4,00,000
15-Oct-23 : Interest
₹4,00,000
15-Oct-24 : Interest
₹4,00,000
15-Oct-25 : Interest
₹4,00,000
15-Oct-26 : Interest
₹10,72,00,000
15-Oct-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹72,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

0.40%

Returns

Low

Bond Rating

BBB-(CE)

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Chandigarh
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE091D11139 issued by Punjab Infrastructure Development Board

The instrument name of INE091D11139 ISIN is PUNJAB INFRASTRUCTURE DEVELOPMENT BOARD 0.4 LOA 15OT26 FVRS10LAC.
The interest earned from INE091D11139 bond issued by Punjab Infrastructure Development Board is paid Annually, ensuring regular and consistent income for investors.
This INE091D11139 bond issued by Punjab Infrastructure Development Board has been assigned a credit rating of BBB-(CE) by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 0.4%, which determines the periodic interest payments made to bondholders.
The INE091D11139 Bond is issued by Punjab Infrastructure Development Board, a PSU company.
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