Instrument Details

ISIN: INE941D07166

Face value

₹10,00,000

Coupon rate

7.90%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

2000

Instrument Type

Debenture

Returns

Medium

Date of Issue

18 Nov 2016

Maturity Date

18 Nov 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SIKKA PORTS & TERMINALS LIMITED SR-PPD-7 7.9 NCD 18NV26FVRS10LACLOAUPTO25AP17
Sikka Ports & Terminals Limited, a Port & Port services company, has floated Debenture, having ISIN value as INE941D07166, with a face value of ₹10,00,000 rs on 18Nov16 to raise 2000 crores. The debt instrument is issued with a coupon rate of 7.90% 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 7.90% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURE -PPD 7. LETTER OF ALLOTMENT. DATE OF MATURITY 18/11/2026. 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 05Dec16. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 11Nov16. This issuer is formerly known as RELIANCE PORTS AND TERMINALS LIMITED 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
01 Mar 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
18-Nov-16 : Your investment
₹79,00,000
18-Nov-17 : Interest
₹79,00,000
18-Nov-18 : Interest
₹79,00,000
18-Nov-19 : Interest
₹79,00,000
18-Nov-20 : Interest
₹79,00,000
18-Nov-21 : Interest
₹79,00,000
18-Nov-22 : Interest
₹79,00,000
18-Nov-23 : Interest
₹79,00,000
18-Nov-24 : Interest
₹79,00,000
18-Nov-25 : Interest
₹79,00,000
18-Nov-26 : Interest
₹17,90,00,000
18-Nov-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,90,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.90%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Port & Port services
Head Office
HEAD OFFICE
Jamnagar
Sector name
SECTOR
Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE941D07166 issued by Sikka Ports & Terminals Limited

The instrument name of INE941D07166 ISIN is SIKKA PORTS & TERMINALS LIMITED SR-PPD-7 7.9 NCD 18NV26FVRS10LACLOAUPTO25AP17.
The interest earned from INE941D07166 bond issued by Sikka Ports & Terminals Limited is paid Annually, ensuring regular and consistent income for investors.
This INE941D07166 bond issued by Sikka Ports & Terminals Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.9%, which determines the periodic interest payments made to bondholders.
The INE941D07166 Debenture is issued by Sikka Ports & Terminals Limited, a Private Sector company.