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Instrument Details

ISIN: INE481G08099

Face value

₹10,00,000

Coupon rate

4.57%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

1000

Instrument Type

Debenture

Returns

Medium

Date of Issue

05 Jan 2021

Maturity Date

29 Dec 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ULTRATECH CEMENT LIMITED 4.57% NCD 29DC23 FVRS10LAC
Ultratech Cement Limited, a Cement & Cement Products company, has floated Debenture, having ISIN value as INE481G08099, with a face value of ₹10,00,000 rs on 05Jan21 to raise 1000 crores. The debt instrument is issued with a coupon rate of 4.57% 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 4.57% UNSECURED RATED LISTED NON CUMULATIVE TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 29/12/2023.. 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 06Jan21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 28Dec20. This issuer is formerly known as ULTRATECH CEMCO 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
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Date Verified
28 Feb 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
05-Jan-21 : Your investment
₹45,70,000
05-Jan-22 : Interest
₹45,70,000
05-Jan-23 : Interest
₹44,82,356
29-Dec-23 : Interest
₹11,36,22,356
29-Dec-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,36,22,356)

Summary

Instrument Attributes

Value

Coupon Rate

4.57%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Cement & Cement Products
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Construction Materials
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE481G08099 issued by Ultratech Cement Limited

The instrument name of INE481G08099 ISIN is ULTRATECH CEMENT LIMITED 4.57% NCD 29DC23 FVRS10LAC.
The interest earned from INE481G08099 bond issued by Ultratech Cement Limited is paid Annually, ensuring regular and consistent income for investors.
This INE481G08099 bond issued by Ultratech Cement Limited 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 4.57%, which determines the periodic interest payments made to bondholders.
The INE481G08099 Debenture is issued by Ultratech Cement Limited, a Private Sector company.
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