Instrument Details

ISIN: INE809W07025

Face value

₹6,90,480

Coupon rate

8.10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

42

Instrument Type

Debenture

Returns

High

Date of Issue

26 Dec 2017

Maturity Date

30 Sep 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

REENGUS SIKAR EXPRESSWAY LIMITED STRPP-2 8.1 NCD 30SP24 FVRS690476.19
Reengus Sikar Expressway Limited, a Utilities company, has floated Debenture, having ISIN value as INE809W07025, with a face value of ₹6,90,480 rs on 26Dec17 to raise 42 crores. The debt instrument is issued with a coupon rate of 8.10% 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 8.10% SECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. STRPP 2. DATE OF MATURITY 30/09/2024. 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. CARE Ratings Limited has given AAA rating to this Debenture on 26Dec17. 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
17 Nov 2023
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹6,90,480
Lot Size
100
Minimum Investment
₹6,90,48,000

Cashflow

₹6,90,48,000
26-Dec-17 : Your investment
₹55,92,888
26-Dec-18 : Interest
₹55,92,888
26-Dec-19 : Interest
₹55,92,888
26-Dec-20 : Interest
₹55,92,888
26-Dec-21 : Interest
₹55,92,888
26-Dec-22 : Interest
₹55,92,888
26-Dec-23 : Interest
₹42,90,434
30-Sep-24 : Interest
₹10,68,95,762
30-Sep-24 : Maturity amount (Investment: ₹6,90,48,000, Interest earned: ₹3,78,47,762)

Summary

Instrument Attributes

Value

Coupon Rate

8.10%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE809W07025 issued by Reengus Sikar Expressway Limited

The instrument name of INE809W07025 ISIN is REENGUS SIKAR EXPRESSWAY LIMITED STRPP-2 8.1 NCD 30SP24 FVRS690476.19.
The interest earned from INE809W07025 bond issued by Reengus Sikar Expressway Limited is paid Annually, ensuring regular and consistent income for investors.
This INE809W07025 bond issued by Reengus Sikar Expressway Limited 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 8.1%, which determines the periodic interest payments made to bondholders.
The INE809W07025 Debenture is issued by Reengus Sikar Expressway Limited, a Private Sector company.