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Instrument Details

ISIN: INE153A08055

Face value

₹10,00,000

Coupon rate

8.28%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Bond

Returns

High

Date of Issue

19 Nov 2014

Maturity Date

19 Nov 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CE) (CRISIL Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

MAHANAGAR TELEPHONE NIGAM LIMITED. SR4B 8.28 BD19NV24 FVRS10LAC LOA UPTO 26NV14
Mahanagar Telephone Nigam Limited., a Telecom - Cellular & Fixed line services company, has floated Bond, having ISIN value as INE153A08055, with a face value of ₹10,00,000 rs on 19Nov14 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.28% 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 Unsecured Bond is 8.28% UNSECURED GOV GUARANTEED TAXABLE REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES 4B. LETTER OF ALLOTMENT. DATE OF MATURITY 19/11/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 25Nov14. CRISIL RATINGS LIMITED has given AAA (CE) rating to this Bond on 13Nov14. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA (CE)
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Date Verified
08 Feb 2022
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 1
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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
19-Nov-14 : Your investment
₹41,40,000
19-May-15 : Interest
₹41,40,000
19-Nov-15 : Interest
₹41,40,000
19-May-16 : Interest
₹41,40,000
19-Nov-16 : Interest
₹41,40,000
19-May-17 : Interest
₹41,40,000
19-Nov-17 : Interest
₹41,40,000
19-May-18 : Interest
₹41,40,000
19-Nov-18 : Interest
₹41,40,000
19-May-19 : Interest
₹41,40,000
19-Nov-19 : Interest
₹41,40,000
19-May-20 : Interest
₹41,40,000
19-Nov-20 : Interest
₹41,40,000
19-May-21 : Interest
₹41,40,000
19-Nov-21 : Interest
₹41,40,000
19-May-22 : Interest
₹41,40,000
19-Nov-22 : Interest
₹41,40,000
19-May-23 : Interest
₹41,40,000
19-Nov-23 : Interest
₹41,40,000
19-May-24 : Interest
₹41,40,000
19-Nov-24 : Interest
₹18,28,00,000
19-Nov-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,28,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.28%

Returns

High

Bond Rating

AAA (CE)

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Telecom - Cellular & Fixed line services
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Telecommunication
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE153A08055 issued by Mahanagar Telephone Nigam Limited.

The instrument name of INE153A08055 ISIN is MAHANAGAR TELEPHONE NIGAM LIMITED. SR4B 8.28 BD19NV24 FVRS10LAC LOA UPTO 26NV14.
The interest earned from INE153A08055 bond issued by Mahanagar Telephone Nigam Limited. is paid Semi Annually, ensuring regular and consistent income for investors.
This INE153A08055 bond issued by Mahanagar Telephone Nigam Limited. has been assigned a credit rating of AAA (CE) by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.28%, which determines the periodic interest payments made to bondholders.
The INE153A08055 Bond is issued by Mahanagar Telephone Nigam Limited., a PSU company.
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