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Instrument Details

ISIN: INE163N08115

Face value

₹10,00,000

Coupon rate

8.83%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

465.5

Instrument Type

Debenture

Returns

High

Date of Issue

10 Dec 2019

Maturity Date

09 Oct 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA(CE) (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ONGC PETRO ADDITIONS LIMITED SR IV-OPT B 8.83 NCD 10MR25 FVRS10LAC
Ongc Petro Additions Limited, a Petrochemicals company, has floated Debenture, having ISIN value as INE163N08115, with a face value of ₹10,00,000 rs on 10Dec19 to raise 465.5 crores. The debt instrument is issued with a coupon rate of 8.83% 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 Unsecured Debenture is 8.83% UNSECURED RATED LISTED TAXABLE REDEEMABLE NON CUMULATIVE NON CONVERTIBLE DEBENTURES. SERIES IV OPTION B. DATE OF MATURITY 10/03/2025. 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 17Dec19. CARE RATINGS LIMITED has given AAA(CE) rating to this Debenture on 20Jun24. 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(CE)
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Date Verified
21 Jun 2024
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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
10-Dec-19 : Your investment
₹88,30,000
10-Dec-20 : Interest
₹88,30,000
10-Dec-21 : Interest
₹88,30,000
10-Dec-22 : Interest
₹88,30,000
10-Dec-23 : Interest
₹73,78,493
09-Oct-24 : Interest
₹14,26,98,493
09-Oct-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,26,98,493)

Summary

Instrument Attributes

Value

Coupon Rate

8.83%

Returns

High

Bond Rating

AAA(CE)

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Petrochemicals
Head Office
HEAD OFFICE
Vadodara
Sector name
SECTOR
Chemicals
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE163N08115 issued by Ongc Petro Additions Limited

The instrument name of INE163N08115 ISIN is ONGC PETRO ADDITIONS LIMITED SR IV-OPT B 8.83 NCD 10MR25 FVRS10LAC.
The interest earned from INE163N08115 bond issued by Ongc Petro Additions Limited is paid Annually, ensuring regular and consistent income for investors.
This INE163N08115 bond issued by Ongc Petro Additions Limited has been assigned a credit rating of AAA(CE) by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.83%, which determines the periodic interest payments made to bondholders.
The INE163N08115 Debenture is issued by Ongc Petro Additions Limited, a Private Sector company.
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