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Instrument Details

ISIN: INE121E07320

Face value

₹8,00,000

Coupon rate

8.65%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

High

Date of Issue

30 Dec 2016

Maturity Date

30 Dec 2022

Perpetual

Yes

Listing Status

Listed

Rating status

AA (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

JSW ENERGY LIMITED SR-VI 8.65NCD 30DC22 FVRS800000 LOAUPTO26FB17
Jsw Energy Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE121E07320, with a face value of ₹8,00,000 rs on 30Dec16 to raise 500 crores. The debt instrument is issued with a coupon rate of 8.65% 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 Secured Debenture is 8.65% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES - VI. DATE OF MATURITY 30/12/2022. 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 12Jan17. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 08Feb21. This issuer is formerly known as JINDAL THERMAL POWER COMPANY LTD. 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
30 Dec 2022
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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
₹8,00,000
Lot Size
100
Minimum Investment
₹8,00,00,000

Cashflow

₹8,00,00,000
30-Dec-16 : Your investment
₹69,20,000
30-Dec-17 : Interest
₹69,20,000
30-Dec-18 : Interest
₹69,20,000
30-Dec-19 : Interest
₹69,20,000
30-Dec-20 : Interest
₹69,20,000
30-Dec-21 : Interest
₹69,20,000
30-Dec-22 : Interest
₹12,15,20,000
30-Dec-22 : Maturity amount (Investment: ₹8,00,00,000, Interest earned: ₹4,15,20,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.65%

Returns

High

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Electric Utilities
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE121E07320 issued by Jsw Energy Limited

The instrument name of INE121E07320 ISIN is JSW ENERGY LIMITED SR-VI 8.65NCD 30DC22 FVRS800000 LOAUPTO26FB17.
The interest earned from INE121E07320 bond issued by Jsw Energy Limited is paid Annually, ensuring regular and consistent income for investors.
This INE121E07320 bond issued by Jsw Energy Limited has been assigned a credit rating of AA 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 8.65%, which determines the periodic interest payments made to bondholders.
The INE121E07320 Debenture is issued by Jsw Energy Limited, a Private Sector company.
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