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Instrument Details

ISIN: INE128M08060

Face value

₹10,00,000

Coupon rate

6.37%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

2872

Instrument Type

Debenture

Returns

Medium

Date of Issue

30 Dec 2021

Maturity Date

30 Apr 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AAA(CE) (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

L&T METRO RAIL (HYDERABAD) LIMITED SR A 6.37 NCD 30AP25 FVRS10LAC
L&t Metro Rail (hyderabad) Limited, a Railways company, has floated Debenture, having ISIN value as INE128M08060, with a face value of ₹10,00,000 rs on 30Dec21 to raise 2872 crores. The debt instrument is issued with a coupon rate of 6.37% 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 6.37% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES A. DATE OF MATURITY 30/04/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 31Dec21. INDIA RATING AND RESEARCH PVT. LTD has given AAA(CE) rating to this Debenture on 13Dec21. This issuer is formerly known as L&T HYDERABAD METRO RAIL PRIVATE LIMITED, L&T METRO RAIL (HYDERABAD) PRIVATE 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
AAA
Highest Safety
AAA(CE)
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Date Verified
23 Jan 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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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
30-Dec-21 : Your investment
₹63,70,000
30-Dec-22 : Interest
₹63,70,000
30-Dec-23 : Interest
₹63,70,000
30-Dec-24 : Interest
₹11,91,10,000
30-Apr-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,91,10,000)

Summary

Instrument Attributes

Value

Coupon Rate

6.37%

Returns

Medium

Bond Rating

AAA(CE)

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Railways
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE128M08060 issued by L&t Metro Rail (hyderabad) Limited

The instrument name of INE128M08060 ISIN is L&T METRO RAIL (HYDERABAD) LIMITED SR A 6.37 NCD 30AP25 FVRS10LAC.
The interest earned from INE128M08060 bond issued by L&t Metro Rail (hyderabad) Limited is paid Annually, ensuring regular and consistent income for investors.
This INE128M08060 bond issued by L&t Metro Rail (hyderabad) Limited has been assigned a credit rating of AAA(CE) 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 6.37%, which determines the periodic interest payments made to bondholders.
The INE128M08060 Debenture is issued by L&t Metro Rail (hyderabad) Limited, a Private Sector company.
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