8.49% Ntpc Limited - AAA Rated (INE733E07JP6)

Ntpc Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE733E07JP6, with a face value of ₹13 rs on 25Mar15 to raise 10306.8305 crores. The debt instrument is issued with a coupon rate of 8.49% 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 8.49% SECURED REDEEMABLE NON CONVETIBLE TAXABLE BONUS DEBENTURES. SERIES 54. DATE OF MATURITY 25/03/2025. This instrument is issued in Bonus mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 30Mar15 & on BSE stock exchange on 30Mar15. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 05Mar15. This issuer is formerly known as NATIONAL THERMAL POWER CORPORATION LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.