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Instrument Details

ISIN: INE540P07236

Face value

₹10,00,000

Coupon rate

9.75%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

529.2

Instrument Type

Bond

Returns

High

Date of Issue

05 Dec 2017

Maturity Date

18 Oct 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A+(CE) (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

U.P. POWER CORPORATION LIMITED SR-I-F 9.75 BD 18OT24 FVRS10LAC
U.p. Power Corporation Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE540P07236, with a face value of ₹10,00,000 rs on 05Dec17 to raise 529.2 crores. The debt instrument is issued with a coupon rate of 9.75% 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 Bond is 9.75% SECURED RATED LISTED GOVERNMENT GUARANTEED NON-CONVERTIBLE TAXABLE BONDS. SERIES I 2017-18 SUB SERIES F. DATE OF MATURITY 18/10/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 15Dec17. INDIA RATING AND RESEARCH PVT. LTD has given A+(CE) rating to this Bond on 11Oct23. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+(CE)
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Date Verified
22 Nov 2023
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Outlook
Stable
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Seniority in Repayment
None
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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
05-Dec-17 : Your investment
₹24,37,500
05-Mar-18 : Interest
₹24,37,500
05-Jun-18 : Interest
₹24,37,500
05-Sep-18 : Interest
₹24,37,500
05-Dec-18 : Interest
₹24,37,500
05-Mar-19 : Interest
₹24,37,500
05-Jun-19 : Interest
₹24,37,500
05-Sep-19 : Interest
₹24,37,500
05-Dec-19 : Interest
₹24,37,500
05-Mar-20 : Interest
₹24,37,500
05-Jun-20 : Interest
₹24,37,500
05-Sep-20 : Interest
₹24,37,500
05-Dec-20 : Interest
₹24,37,500
05-Mar-21 : Interest
₹24,37,500
05-Jun-21 : Interest
₹24,37,500
05-Sep-21 : Interest
₹24,37,500
05-Dec-21 : Interest
₹24,37,500
05-Mar-22 : Interest
₹24,37,500
05-Jun-22 : Interest
₹24,37,500
05-Sep-22 : Interest
₹24,37,500
05-Dec-22 : Interest
₹24,37,500
05-Mar-23 : Interest
₹24,37,500
05-Jun-23 : Interest
₹24,37,500
05-Sep-23 : Interest
₹24,37,500
05-Dec-23 : Interest
₹24,37,500
05-Mar-24 : Interest
₹24,37,500
05-Jun-24 : Interest
₹24,37,500
05-Sep-24 : Interest
₹3,11,458
18-Oct-24 : Interest
₹16,61,23,958
18-Oct-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,61,23,958)

Summary

Instrument Attributes

Value

Coupon Rate

9.75%

Returns

High

Bond Rating

A+(CE)

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Electric Utilities
Head Office
HEAD OFFICE
Lucknow
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE540P07236 issued by U.p. Power Corporation Limited

The instrument name of INE540P07236 ISIN is U.P. POWER CORPORATION LIMITED SR-I-F 9.75 BD 18OT24 FVRS10LAC.
The interest earned from INE540P07236 bond issued by U.p. Power Corporation Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE540P07236 bond issued by U.p. Power Corporation Limited has been assigned a credit rating of A+(CE) by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
The INE540P07236 Bond is issued by U.p. Power Corporation Limited, a Private Sector company.
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