Instrument Details

ISIN: INE163R08BI8

Face value

₹10,00,000

Coupon rate

9.18%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

8

Instrument Type

Debenture

Returns

High

Date of Issue

20 Sep 2017

Maturity Date

31 Dec 2030

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NRSS XXXI (B) TRANSMISSION LIMITED SR III STRPP 50 9.18 NCD 31DC30 FVRS10LAC
Nrss Xxxi (b) Transmission Limited, a Power - Transmission company, has floated Debenture, having ISIN value as INE163R08BI8, with a face value of ₹10,00,000 rs on 20Sep17 to raise 8 crores. The debt instrument is issued with a coupon rate of 9.18% 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 Unsecured Debenture is 9.18% UNSECURED RATED SENIOR LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES IN THE FORM OF SEPARATELY TRADABLE AND REDEEMABLE PRINCIPAL PARTS. SERIES III- STRPPs 50. DATE OF MATURITY 31/12/2030. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 11Oct17. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 12Jul19. 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
check
Date Verified
12 Jul 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
20-Sep-17 : Your investment
₹22,95,000
20-Dec-17 : Interest
₹22,95,000
20-Mar-18 : Interest
₹22,95,000
20-Jun-18 : Interest
₹22,95,000
20-Sep-18 : Interest
₹22,95,000
20-Dec-18 : Interest
₹22,95,000
20-Mar-19 : Interest
₹22,95,000
20-Jun-19 : Interest
₹22,95,000
20-Sep-19 : Interest
₹22,95,000
20-Dec-19 : Interest
₹22,95,000
20-Mar-20 : Interest
₹22,95,000
20-Jun-20 : Interest
₹22,95,000
20-Sep-20 : Interest
₹22,95,000
20-Dec-20 : Interest
₹22,95,000
20-Mar-21 : Interest
₹22,95,000
20-Jun-21 : Interest
₹22,95,000
20-Sep-21 : Interest
₹22,95,000
20-Dec-21 : Interest
₹22,95,000
20-Mar-22 : Interest
₹22,95,000
20-Jun-22 : Interest
₹22,95,000
20-Sep-22 : Interest
₹22,95,000
20-Dec-22 : Interest
₹22,95,000
20-Mar-23 : Interest
₹22,95,000
20-Jun-23 : Interest
₹22,95,000
20-Sep-23 : Interest
₹22,95,000
20-Dec-23 : Interest
₹22,95,000
20-Mar-24 : Interest
₹22,95,000
20-Jun-24 : Interest
₹22,95,000
20-Sep-24 : Interest
₹22,95,000
20-Dec-24 : Interest
₹22,95,000
20-Mar-25 : Interest
₹22,95,000
20-Jun-25 : Interest
₹22,95,000
20-Sep-25 : Interest
₹22,95,000
20-Dec-25 : Interest
₹22,95,000
20-Mar-26 : Interest
₹22,95,000
20-Jun-26 : Interest
₹22,95,000
20-Sep-26 : Interest
₹22,95,000
20-Dec-26 : Interest
₹22,95,000
20-Mar-27 : Interest
₹22,95,000
20-Jun-27 : Interest
₹22,95,000
20-Sep-27 : Interest
₹22,95,000
20-Dec-27 : Interest
₹22,95,000
20-Mar-28 : Interest
₹22,95,000
20-Jun-28 : Interest
₹22,95,000
20-Sep-28 : Interest
₹22,95,000
20-Dec-28 : Interest
₹22,95,000
20-Mar-29 : Interest
₹22,95,000
20-Jun-29 : Interest
₹22,95,000
20-Sep-29 : Interest
₹22,95,000
20-Dec-29 : Interest
₹22,95,000
20-Mar-30 : Interest
₹22,95,000
20-Jun-30 : Interest
₹22,95,000
20-Sep-30 : Interest
₹22,95,000
20-Dec-30 : Interest
₹3,18,750
31-Dec-30 : Interest
₹22,19,53,750
31-Dec-30 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹12,19,53,750)

Summary

Instrument Attributes

Value

Coupon Rate

9.18%

Returns

High

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE163R08BI8 issued by Nrss Xxxi (b) Transmission Limited

The instrument name of INE163R08BI8 ISIN is NRSS XXXI (B) TRANSMISSION LIMITED SR III STRPP 50 9.18 NCD 31DC30 FVRS10LAC.
The interest earned from INE163R08BI8 bond issued by Nrss Xxxi (b) Transmission Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE163R08BI8 bond issued by Nrss Xxxi (b) Transmission 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 9.18%, which determines the periodic interest payments made to bondholders.
The INE163R08BI8 Debenture is issued by Nrss Xxxi (b) Transmission Limited, a Private Sector company.