Instrument Details

ISIN: INE310L07902

Face value

₹1,00,000

Coupon rate

10.08%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

1525

Instrument Type

Debenture

Returns

High

Date of Issue

09 Apr 2014

Maturity Date

20 Feb 2027

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IOT UTKAL ENERGY SERVICES LIMITED SR-III STRPP 17 10.08 NCD 20FB27 FVRS1LAC
Iot Utkal Energy Services Limited, a Oil Storage & Transportation company, has floated Debenture, having ISIN value as INE310L07902, with a face value of ₹1,00,000 rs on 09Apr14 to raise 1525 crores. The debt instrument is issued with a coupon rate of 10.08% 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 10.08% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES III STRPP-17 DATE OF MATURITY 20/02/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 28Apr14. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 24Aug15. 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
31 Jan 2024
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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
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
09-Apr-14 : Your investment
₹2,52,000
09-Jul-14 : Interest
₹2,52,000
09-Oct-14 : Interest
₹2,52,000
09-Jan-15 : Interest
₹2,52,000
09-Apr-15 : Interest
₹2,52,000
09-Jul-15 : Interest
₹2,52,000
09-Oct-15 : Interest
₹2,52,000
09-Jan-16 : Interest
₹2,52,000
09-Apr-16 : Interest
₹2,52,000
09-Jul-16 : Interest
₹2,52,000
09-Oct-16 : Interest
₹2,52,000
09-Jan-17 : Interest
₹2,52,000
09-Apr-17 : Interest
₹2,52,000
09-Jul-17 : Interest
₹2,52,000
09-Oct-17 : Interest
₹2,52,000
09-Jan-18 : Interest
₹2,52,000
09-Apr-18 : Interest
₹2,52,000
09-Jul-18 : Interest
₹2,52,000
09-Oct-18 : Interest
₹2,52,000
09-Jan-19 : Interest
₹2,52,000
09-Apr-19 : Interest
₹2,52,000
09-Jul-19 : Interest
₹2,52,000
09-Oct-19 : Interest
₹2,52,000
09-Jan-20 : Interest
₹2,52,000
09-Apr-20 : Interest
₹2,52,000
09-Jul-20 : Interest
₹2,52,000
09-Oct-20 : Interest
₹2,52,000
09-Jan-21 : Interest
₹2,52,000
09-Apr-21 : Interest
₹2,52,000
09-Jul-21 : Interest
₹2,52,000
09-Oct-21 : Interest
₹2,52,000
09-Jan-22 : Interest
₹2,52,000
09-Apr-22 : Interest
₹2,52,000
09-Jul-22 : Interest
₹2,52,000
09-Oct-22 : Interest
₹2,52,000
09-Jan-23 : Interest
₹2,52,000
09-Apr-23 : Interest
₹2,52,000
09-Jul-23 : Interest
₹2,52,000
09-Oct-23 : Interest
₹2,52,000
09-Jan-24 : Interest
₹2,52,000
09-Apr-24 : Interest
₹2,52,000
09-Jul-24 : Interest
₹2,52,000
09-Oct-24 : Interest
₹2,52,000
09-Jan-25 : Interest
₹2,52,000
09-Apr-25 : Interest
₹2,52,000
09-Jul-25 : Interest
₹2,52,000
09-Oct-25 : Interest
₹2,52,000
09-Jan-26 : Interest
₹2,52,000
09-Apr-26 : Interest
₹2,52,000
09-Jul-26 : Interest
₹2,52,000
09-Oct-26 : Interest
₹2,52,000
09-Jan-27 : Interest
₹1,19,000
20-Feb-27 : Interest
₹2,29,71,000
20-Feb-27 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹1,29,71,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.08%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Oil Storage & Transportation
Head Office
HEAD OFFICE
Paradip
Sector name
SECTOR
Oil, Gas & Consumable Fuels
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE310L07902 issued by Iot Utkal Energy Services Limited

The instrument name of INE310L07902 ISIN is IOT UTKAL ENERGY SERVICES LIMITED SR-III STRPP 17 10.08 NCD 20FB27 FVRS1LAC.
The interest earned from INE310L07902 bond issued by Iot Utkal Energy Services Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE310L07902 bond issued by Iot Utkal Energy Services Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.08%, which determines the periodic interest payments made to bondholders.
The INE310L07902 Debenture is issued by Iot Utkal Energy Services Limited, a Private Sector company.