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Instrument Details

ISIN: INE507T07070

Face value

₹10,00,000

Coupon rate

7.40%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

650

Instrument Type

Debenture

Returns

Medium

Date of Issue

28 Sep 2021

Maturity Date

28 Sep 2028

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SUMMIT DIGITEL INFRASTRUCTURE LIMITED 7.40 NCD 28SP28 FVRS10LAC
Summit Digitel Infrastructure Limited, a Telecom - Infrastructure company, has floated Debenture, having ISIN value as INE507T07070, with a face value of ₹10,00,000 rs on 28Sep21 to raise 650 crores. The debt instrument is issued with a coupon rate of 7.40% and its interest is paid Quarterly. 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 Debenture is 7.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. MATURITY DATE 28/09/2028. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 30Sep21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 20Sep21. This issuer is formerly known as SUMMIT DIGITEL INFRASTRUCTURE PRIVATE LIMITED, RELIANCE JIO INFRATEL PRIVATE LIMITED, RELIANCE JIO PRIVATE 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
check
Date Verified
30 Sep 2021
check
Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
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
28-Sep-21 : Your investment
₹18,50,000
28-Dec-21 : Interest
₹18,50,000
28-Mar-22 : Interest
₹18,50,000
28-Jun-22 : Interest
₹18,50,000
28-Sep-22 : Interest
₹18,50,000
28-Dec-22 : Interest
₹18,50,000
28-Mar-23 : Interest
₹18,50,000
28-Jun-23 : Interest
₹18,50,000
28-Sep-23 : Interest
₹18,50,000
28-Dec-23 : Interest
₹18,50,000
28-Mar-24 : Interest
₹18,50,000
28-Jun-24 : Interest
₹18,50,000
28-Sep-24 : Interest
₹18,50,000
28-Dec-24 : Interest
₹18,50,000
28-Mar-25 : Interest
₹18,50,000
28-Jun-25 : Interest
₹18,50,000
28-Sep-25 : Interest
₹18,50,000
28-Dec-25 : Interest
₹18,50,000
28-Mar-26 : Interest
₹18,50,000
28-Jun-26 : Interest
₹18,50,000
28-Sep-26 : Interest
₹18,50,000
28-Dec-26 : Interest
₹18,50,000
28-Mar-27 : Interest
₹18,50,000
28-Jun-27 : Interest
₹18,50,000
28-Sep-27 : Interest
₹18,50,000
28-Dec-27 : Interest
₹18,50,000
28-Mar-28 : Interest
₹18,50,000
28-Jun-28 : Interest
₹18,50,000
28-Sep-28 : Interest
₹15,18,00,000
28-Sep-28 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,18,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.40%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Telecom - Infrastructure
Head Office
HEAD OFFICE
Ahmedabad
Sector name
SECTOR
Telecommunication
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE507T07070 issued by Summit Digitel Infrastructure Limited

The instrument name of INE507T07070 ISIN is SUMMIT DIGITEL INFRASTRUCTURE LIMITED 7.40 NCD 28SP28 FVRS10LAC.
The interest earned from INE507T07070 bond issued by Summit Digitel Infrastructure Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE507T07070 bond issued by Summit Digitel Infrastructure 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 7.4%, which determines the periodic interest payments made to bondholders.
The INE507T07070 Debenture is issued by Summit Digitel Infrastructure Limited, a Private Sector company.
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