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Instrument Details

ISIN: INE163N08198

Face value

₹1,00,00,000

Coupon rate

5.58%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

1671

Instrument Type

Debenture

Returns

Medium

Date of Issue

18 May 2017

Maturity Date

18 May 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA(CE) (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

ONGC PETRO ADDITIONS LIMITED 5.58 CCD 18MY23 FVRS1CR
Ongc Petro Additions Limited, a Petrochemicals company, has floated Debenture, having ISIN value as INE163N08198, with a face value of ₹1,00,00,000 rs on 18May17 to raise 1671 crores. The debt instrument is issued with a coupon rate of 5.58% 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 Debenture is 5.58% UNSECURED RATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 18/05/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AAA(CE) rating to this Debenture on 08Mar21. 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
16 Nov 2022
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Outlook
Stable
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Seniority in Repayment
None
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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
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
18-May-17 : Your investment
₹2,79,00,000
18-Nov-17 : Interest
₹2,79,00,000
18-May-18 : Interest
₹2,79,00,000
18-Nov-18 : Interest
₹2,79,00,000
18-May-19 : Interest
₹2,79,00,000
18-Nov-19 : Interest
₹2,79,00,000
18-May-20 : Interest
₹2,79,00,000
18-Nov-20 : Interest
₹2,79,00,000
18-May-21 : Interest
₹2,79,00,000
18-Nov-21 : Interest
₹2,79,00,000
18-May-22 : Interest
₹2,79,00,000
18-Nov-22 : Interest
₹2,79,00,000
18-May-23 : Interest
₹1,33,48,00,000
18-May-23 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹33,48,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

5.58%

Returns

Medium

Bond Rating

AAA(CE)

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Petrochemicals
Head Office
HEAD OFFICE
Vadodara
Sector name
SECTOR
Chemicals
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE163N08198 issued by Ongc Petro Additions Limited

The instrument name of INE163N08198 ISIN is ONGC PETRO ADDITIONS LIMITED 5.58 CCD 18MY23 FVRS1CR.
The interest earned from INE163N08198 bond issued by Ongc Petro Additions Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE163N08198 bond issued by Ongc Petro Additions 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 5.58%, which determines the periodic interest payments made to bondholders.
The INE163N08198 Debenture is issued by Ongc Petro Additions Limited, a Private Sector company.
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