Instrument Details

ISIN: INE134E07AT8

Face value

₹1,000

Coupon rate

7.15%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

1330.0488

Instrument Type

Debenture

Returns

Medium

Date of Issue

22 Jan 2021

Maturity Date

22 Jan 2036

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

POWER FINANCE CORPORATION LTD. TRI SRVII CATIII&IV 7.15 NCD 22JN36 FVRS1000
Power Finance Corporation Ltd., a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE134E07AT8, with a face value of ₹1,000 rs on 22Jan21 to raise 1330.0488 crores. The debt instrument is issued with a coupon rate of 7.15% 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 7.15% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE I.SERIES VII CATEGORY III & IV. DATE OF MATURITY 22/01/2036. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given AAA rating to this Debenture on 22Jan21. 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
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Date Verified
07 Feb 2024
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Outlook
Stable
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Seniority in Repayment
None
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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
22-Jan-21 : Your investment
₹7,150
22-Jan-22 : Interest
₹7,150
22-Jan-23 : Interest
₹7,150
22-Jan-24 : Interest
₹7,150
22-Jan-25 : Interest
₹7,150
22-Jan-26 : Interest
₹7,150
22-Jan-27 : Interest
₹7,150
22-Jan-28 : Interest
₹7,150
22-Jan-29 : Interest
₹7,150
22-Jan-30 : Interest
₹7,150
22-Jan-31 : Interest
₹7,150
22-Jan-32 : Interest
₹7,150
22-Jan-33 : Interest
₹7,150
22-Jan-34 : Interest
₹7,150
22-Jan-35 : Interest
₹7,150
22-Jan-36 : Interest
₹2,07,250
22-Jan-36 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹1,07,250)

Summary

Instrument Attributes

Value

Coupon Rate

7.15%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE134E07AT8 issued by Power Finance Corporation Ltd.

The instrument name of INE134E07AT8 ISIN is POWER FINANCE CORPORATION LTD. TRI SRVII CATIII&IV 7.15 NCD 22JN36 FVRS1000.
The interest earned from INE134E07AT8 bond issued by Power Finance Corporation Ltd. is paid Annually, ensuring regular and consistent income for investors.
This INE134E07AT8 bond issued by Power Finance Corporation Ltd. has been assigned a credit rating of AAA by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.15%, which determines the periodic interest payments made to bondholders.
The INE134E07AT8 Debenture is issued by Power Finance Corporation Ltd., a PSU company.