Instrument Details

ISIN: INE117N07097

Face value

₹10,00,000

Coupon rate

MCLR LINKED

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

61

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

02 Jun 2022

Maturity Date

31 Oct 2033

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

KANCHANJUNGA POWER COMPANY PRIVATE LIMITED SR 3B RR LOA 31OT33 FVRS10LAC
Kanchanjunga Power Company Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE117N07097, with a face value of ₹10,00,000 rs on 02Jun22 to raise 61 crores. The debt instrument is issued with a coupon rate of MCLR LINKED and its interest is paid Monthly. 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 1 YEAR MCLR LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES 3B. DATE OF MATURITY 31/10/2033.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given A- rating to this Debenture on 31Mar22. This issuer is formerly known as PADMINI TRADERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
21 Mar 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

MCLR LINKED

Returns

Linked to Markets

Bond Rating

A-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Electric Utilities
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE117N07097 issued by Kanchanjunga Power Company Private Limited

The instrument name of INE117N07097 ISIN is KANCHANJUNGA POWER COMPANY PRIVATE LIMITED SR 3B RR LOA 31OT33 FVRS10LAC.
The interest earned from INE117N07097 bond issued by Kanchanjunga Power Company Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE117N07097 bond issued by Kanchanjunga Power Company Private Limited has been assigned a credit rating of A- by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE117N07097 bond issued by Kanchanjunga Power Company Private Limited is MCLR LINKED.
The INE117N07097 Debenture is issued by Kanchanjunga Power Company Private Limited, a Private Sector company.