The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE322J08032

Face value

₹10,00,000

Coupon rate

5.75%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

840

Instrument Type

Debenture

Returns

Medium

Date of Issue

16 Dec 2020

Maturity Date

15 Dec 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

BHARAT PETROLEUM CORPORATION LTD. SR II 5.75 NCD 15DC23 FVRS10LAC
Bharat Petroleum Corporation Ltd., a Refineries & Marketing company, has floated Debenture, having ISIN value as INE322J08032, with a face value of ₹10,00,000 rs on 16Dec20 to raise 840 crores. The debt instrument is issued with a coupon rate of 5.75% 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 5.75% UNSECURED RATED LISTED REDEEMABLE NON CUMULATIVE TAXABLE NON CONVERTIBLE DEBENTURES. SERIES II.DATE OF MATURITY 15/12/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 17Dec20 & on BSE stock exchange on 18Dec20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 04Dec20. 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
check
Date Verified
08 Aug 2022
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
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
16-Dec-20 : Your investment
₹57,50,000
16-Dec-21 : Interest
₹57,50,000
16-Dec-22 : Interest
₹57,34,246
15-Dec-23 : Interest
₹11,72,34,246
15-Dec-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,72,34,246)

Summary

Instrument Attributes

Value

Coupon Rate

5.75%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Refineries & Marketing
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Oil, Gas & Consumable Fuels
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE322J08032 issued by Bharat Petroleum Corporation Ltd.

The instrument name of INE322J08032 ISIN is BHARAT PETROLEUM CORPORATION LTD. SR II 5.75 NCD 15DC23 FVRS10LAC.
The interest earned from INE322J08032 bond issued by Bharat Petroleum Corporation Ltd. is paid Annually, ensuring regular and consistent income for investors.
This INE322J08032 bond issued by Bharat Petroleum Corporation Ltd. has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 5.75%, which determines the periodic interest payments made to bondholders.
The INE322J08032 Debenture is issued by Bharat Petroleum Corporation Ltd., a PSU company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow