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10.50% Tamilnadu Generation And Distribution Corporation Limited (INE340M08111)
ActivePSUSecured
Instrument Details
ISIN: INE340M08111
Face value
₹10,00,000
Coupon rate
10.50%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
633.5
Instrument Type
Bond
Returns
High
Date of Issue
10 Feb 2014
Maturity Date
02 Oct 2024
Perpetual
Yes
Listing Status
Listed
Rating status
WITHDRAWN (INDIA Ratings)
Call Option
Available
Put Option
Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
TAMILNADU GENERATION AND DISTRIBUTION CORPORATION LIMITED SR-I 10.5 BD 10FB24 FVRS10LAC
Tamilnadu Generation And Distribution Corporation Limited, a Energy company, has floated Bond,
having ISIN value as INE340M08111, with a face value of ₹10,00,000 rs on 10Feb14 to raise 633.5 crores. The debt instrument
is issued with a coupon rate of 10.50% 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 Secured
Bond is 10.50% UNSECURED BONDS SERIES I 2013-14. DATE OF MATURITY 10/02/2024. 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 10Mar14. INDIA RATING AND RESEARCH PVT. LTD has given WITHDRAWN rating to
this Bond on 06Dec19. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
10-Feb-14 : Your investment
₹52,50,000
10-Aug-14 : Interest
₹52,50,000
10-Feb-15 : Interest
₹52,50,000
10-Aug-15 : Interest
₹52,50,000
10-Feb-16 : Interest
₹52,50,000
10-Aug-16 : Interest
₹52,50,000
10-Feb-17 : Interest
₹52,50,000
10-Aug-17 : Interest
₹52,50,000
10-Feb-18 : Interest
₹52,50,000
10-Aug-18 : Interest
₹52,50,000
10-Feb-19 : Interest
₹52,50,000
10-Aug-19 : Interest
₹52,50,000
10-Feb-20 : Interest
₹52,50,000
10-Aug-20 : Interest
₹52,50,000
10-Feb-21 : Interest
₹52,50,000
10-Aug-21 : Interest
₹52,50,000
10-Feb-22 : Interest
₹52,50,000
10-Aug-22 : Interest
₹52,50,000
10-Feb-23 : Interest
₹52,50,000
10-Aug-23 : Interest
₹52,50,000
10-Feb-24 : Interest
₹52,50,000
10-Aug-24 : Interest
₹4,95,833
02-Oct-24 : Interest
₹21,07,45,833
02-Oct-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹11,07,45,833)
Summary
Instrument Attributes
Value
Coupon Rate
10.50%
Returns
High
Bond Rating
WITHDRAWN
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Energy
HEAD OFFICE
Chennai
SECTOR
-
ISSUER OWNERSHIP
PSU
Other Bonds of Tamilnadu Generation And Distribution Corporation Limited
FAQs about INE340M08111 issued by Tamilnadu Generation And Distribution Corporation Limited
What is the instrument name of INE340M08111 ISIN?
The instrument name of INE340M08111 ISIN is TAMILNADU GENERATION AND DISTRIBUTION CORPORATION LIMITED SR-I 10.5 BD 10FB24 FVRS10LAC.
How frequently is the interest paid on INE340M08111 bond issued by Tamilnadu Generation And Distribution Corporation Limited?
The interest earned from INE340M08111 bond issued by Tamilnadu Generation And Distribution Corporation Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE340M08111 bond issued by Tamilnadu Generation And Distribution Corporation Limited?
This INE340M08111 bond issued by Tamilnadu Generation And Distribution Corporation Limited has been assigned a credit rating of WITHDRAWN by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE340M08111 bond issued by Tamilnadu Generation And Distribution Corporation Limited?
This Bond offers a coupon rate of 10.5%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE340M08111 Bond?
The INE340M08111 Bond is issued by Tamilnadu Generation And Distribution Corporation Limited, a PSU company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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