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9.90% Punjab Financial Corporation (INE669H09186)
ActivePSUUnsecured
Instrument Details
ISIN: INE669H09186
Face value
₹1,00,000
Coupon rate
9.90%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
0.5
Instrument Type
Bond
Returns
High
Date of Issue
15 Nov 2014
Maturity Date
15 Nov 2024
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
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
PUNJAB FINANCIAL CORPORATION SR-X 9.9 LOA 15NV24 FVRS1LAC
Punjab Financial Corporation, a Finance company, has floated Bond,
having ISIN value as INE669H09186, with a face value of ₹1,00,000 rs on 15Nov14 to raise 0.5 crores. The debt instrument
is issued with a coupon rate of 9.90% and its interest is paid
Semi 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
Bond is 9.90% UNSECURED REDEEMABLE NON CONVERTIBLE BONDS ISSUE 2014. SERIES X. LETTER OF ALLOTMENT. DATE OF MATURITY 15/11/2024. This instrument is issued in Private Placement mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000
Cashflow
₹1,00,00,000
15-Nov-14 : Your investment
₹4,95,000
15-May-15 : Interest
₹4,95,000
15-Nov-15 : Interest
₹4,95,000
15-May-16 : Interest
₹4,95,000
15-Nov-16 : Interest
₹4,95,000
15-May-17 : Interest
₹4,95,000
15-Nov-17 : Interest
₹4,95,000
15-May-18 : Interest
₹4,95,000
15-Nov-18 : Interest
₹4,95,000
15-May-19 : Interest
₹4,95,000
15-Nov-19 : Interest
₹4,95,000
15-May-20 : Interest
₹4,95,000
15-Nov-20 : Interest
₹4,95,000
15-May-21 : Interest
₹4,95,000
15-Nov-21 : Interest
₹4,95,000
15-May-22 : Interest
₹4,95,000
15-Nov-22 : Interest
₹4,95,000
15-May-23 : Interest
₹4,95,000
15-Nov-23 : Interest
₹4,95,000
15-May-24 : Interest
₹4,95,000
15-Nov-24 : Interest
₹1,99,00,000
15-Nov-24 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹99,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
9.90%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Finance
HEAD OFFICE
Chandigarh
SECTOR
-
ISSUER OWNERSHIP
PSU
Other Bonds of Punjab Financial Corporation
FAQs about INE669H09186 issued by Punjab Financial Corporation
What is the instrument name of INE669H09186 ISIN?
The instrument name of INE669H09186 ISIN is PUNJAB FINANCIAL CORPORATION SR-X 9.9 LOA 15NV24 FVRS1LAC.
How frequently is the interest paid on INE669H09186 bond issued by Punjab Financial Corporation?
The interest earned from INE669H09186 bond issued by Punjab Financial Corporation is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE669H09186 bond issued by Punjab Financial Corporation?
This INE669H09186 bond issued by Punjab Financial Corporation does not currently have an assigned credit rating
What is the coupon rate of INE669H09186 bond issued by Punjab Financial Corporation?
This Bond offers a coupon rate of 9.9%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE669H09186 Bond?
The INE669H09186 Bond is issued by Punjab Financial Corporation, a PSU company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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