Instrument Details

ISIN: INE363O07087

Face value

₹1,000

Coupon rate

8.61%

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

44.4401

Instrument Type

Bond

Returns

High

Date of Issue

25 Mar 2014

Maturity Date

25 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

KAMARAJAR PORT LIMITED SR 1B 8.61 BD 25MR24 FVRS1000
Kamarajar Port Limited, a Utilities company, has floated Bond, having ISIN value as INE363O07087, with a face value of ₹1,000 rs on 25Mar14 to raise 44.4401 crores. The debt instrument is issued with a coupon rate of 8.61% and its interest is paid Annually. The returns are Tax-Free Under Section 10(15)(iv)(h). As per the filings, the long description of this Secured Bond is 8.61% (FOR CATEGORY IV) TAX FREE SECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES 1B. DATE OF MATURITY 25/03/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Not Applicable option. The Bond is listed on BSE stock exchange on 27Mar14. CARE Ratings Limited has given AA rating to this Bond on 25Mar24. This issuer is formerly known as ENNORE PORT LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA
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Date Verified
08 Dec 2023
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
25-Mar-14 : Your investment
₹8,610
25-Mar-15 : Interest
₹8,610
25-Mar-16 : Interest
₹8,610
25-Mar-17 : Interest
₹8,610
25-Mar-18 : Interest
₹8,610
25-Mar-19 : Interest
₹8,610
25-Mar-20 : Interest
₹8,610
25-Mar-21 : Interest
₹8,610
25-Mar-22 : Interest
₹8,610
25-Mar-23 : Interest
₹8,610
25-Mar-24 : Interest
₹1,86,100
25-Mar-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹86,100)

Summary

Instrument Attributes

Value

Coupon Rate

8.61%

Returns

High

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE363O07087 issued by Kamarajar Port Limited

The instrument name of INE363O07087 ISIN is KAMARAJAR PORT LIMITED SR 1B 8.61 BD 25MR24 FVRS1000.
The interest earned from INE363O07087 bond issued by Kamarajar Port Limited is paid Annually, ensuring regular and consistent income for investors.
This INE363O07087 bond issued by Kamarajar Port 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 Bond offers a coupon rate of 8.61%, which determines the periodic interest payments made to bondholders.
The INE363O07087 Bond is issued by Kamarajar Port Limited, a Private Sector company.