Instrument Details

ISIN: INE823G07128

Face value

₹6,00,000

Coupon rate

10.50%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

02 Aug 2013

Maturity Date

08 Feb 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

J.K.CEMENT LIMITED 10.5 NCD 02AG23 FVRS600000
J.k.cement Limited, a Utilities company, has floated Debenture, having ISIN value as INE823G07128, with a face value of ₹6,00,000 rs on 02Aug13 to raise 15 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid Semi 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 Secured Debenture is 10.5% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURE. DATE OF MATURITY 02/08/2023. 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 13Sep13. CARE Ratings Limited has given AA+ rating to this Debenture on 02Aug13. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
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Date Verified
01 Aug 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
₹6,00,000
Lot Size
100
Minimum Investment
₹6,00,00,000

Cashflow

₹6,00,00,000
02-Aug-13 : Your investment
₹31,50,000
02-Feb-14 : Interest
₹31,50,000
02-Aug-14 : Interest
₹31,50,000
02-Feb-15 : Interest
₹31,50,000
02-Aug-15 : Interest
₹31,50,000
02-Feb-16 : Interest
₹31,50,000
02-Aug-16 : Interest
₹31,50,000
02-Feb-17 : Interest
₹31,50,000
02-Aug-17 : Interest
₹31,50,000
02-Feb-18 : Interest
₹31,50,000
02-Aug-18 : Interest
₹31,50,000
02-Feb-19 : Interest
₹31,50,000
02-Aug-19 : Interest
₹31,50,000
02-Feb-20 : Interest
₹31,50,000
02-Aug-20 : Interest
₹31,50,000
02-Feb-21 : Interest
₹31,50,000
02-Aug-21 : Interest
₹31,50,000
02-Feb-22 : Interest
₹31,50,000
02-Aug-22 : Interest
₹31,50,000
02-Feb-23 : Interest
₹11,98,50,000
08-Feb-23 : Maturity amount (Investment: ₹6,00,00,000, Interest earned: ₹5,98,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.50%

Returns

High

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Kanpur
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE823G07128 issued by J.k.cement Limited

The instrument name of INE823G07128 ISIN is J.K.CEMENT LIMITED 10.5 NCD 02AG23 FVRS600000.
The interest earned from INE823G07128 bond issued by J.k.cement Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE823G07128 bond issued by J.k.cement Limited has been assigned a credit rating of AA+ by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.5%, which determines the periodic interest payments made to bondholders.
The INE823G07128 Debenture is issued by J.k.cement Limited, a Private Sector company.