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Instrument Details

ISIN: INE973F09129

Face value

₹1,00,000

Coupon rate

9.70%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

13.87

Instrument Type

Bond

Returns

High

Date of Issue

27 Aug 2012

Maturity Date

26 Aug 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 9.7 LOA 26AG22 FVRS1LAC
Punjab State Industrial Development Corp.ltd, a Finance company, has floated Bond, having ISIN value as INE973F09129, with a face value of ₹1,00,000 rs on 27Aug12 to raise 13.87 crores. The debt instrument is issued with a coupon rate of 9.70% 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 Bond is 9.70% UNSECURED NON CONVERTIBLE BONDS. SERIES PSIDC BONDS 2012 - 1ST SERIES. LETTER OF ALLOTMENT. DATE OF MATURITY 26/08/2022.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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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
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
27-Aug-12 : Your investment
₹9,70,000
27-Aug-13 : Interest
₹9,70,000
27-Aug-14 : Interest
₹9,70,000
27-Aug-15 : Interest
₹9,70,000
27-Aug-16 : Interest
₹9,70,000
27-Aug-17 : Interest
₹9,70,000
27-Aug-18 : Interest
₹9,70,000
27-Aug-19 : Interest
₹9,70,000
27-Aug-20 : Interest
₹9,70,000
27-Aug-21 : Interest
₹9,72,657
26-Aug-22 : Interest
₹1,97,02,657
26-Aug-22 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹97,02,657)

Summary

Instrument Attributes

Value

Coupon Rate

9.70%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Chandigarh
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE973F09129 issued by Punjab State Industrial Development Corp.ltd

The instrument name of INE973F09129 ISIN is PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 9.7 LOA 26AG22 FVRS1LAC.
The interest earned from INE973F09129 bond issued by Punjab State Industrial Development Corp.ltd is paid Annually, ensuring regular and consistent income for investors.
This INE973F09129 bond issued by Punjab State Industrial Development Corp.ltd does not currently have an assigned credit rating
This Bond offers a coupon rate of 9.7%, which determines the periodic interest payments made to bondholders.
The INE973F09129 Bond is issued by Punjab State Industrial Development Corp.ltd, a PSU company.
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