Instrument Details

ISIN: INE857Q07349

Face value

₹10,00,000

Coupon rate

5.95%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

300

Instrument Type

Debenture

Returns

Medium

Date of Issue

17 Nov 2021

Maturity Date

15 Nov 2024

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

TATA CLEANTECH CAPITAL LIMITED SR C 5.95 NCD 15NV24 FVRS10LAC
Tata Cleantech Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE857Q07349, with a face value of ₹10,00,000 rs on 17Nov21 to raise 300 crores. The debt instrument is issued with a coupon rate of 5.95% 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 5.95% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TCCL NCD C FY 2021-22.DATE OF MATURITY 15/11/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 18Nov21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 12Nov21. 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
18 Nov 2021
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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
17-Nov-21 : Your investment
₹59,50,000
17-Nov-22 : Interest
₹59,50,000
17-Nov-23 : Interest
₹59,33,698
15-Nov-24 : Interest
₹11,78,33,698
15-Nov-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,78,33,698)

Summary

Instrument Attributes

Value

Coupon Rate

5.95%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE857Q07349 issued by Tata Cleantech Capital Limited

The instrument name of INE857Q07349 ISIN is TATA CLEANTECH CAPITAL LIMITED SR C 5.95 NCD 15NV24 FVRS10LAC.
The interest earned from INE857Q07349 bond issued by Tata Cleantech Capital Limited is paid Annually, ensuring regular and consistent income for investors.
This INE857Q07349 bond issued by Tata Cleantech Capital 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 5.95%, which determines the periodic interest payments made to bondholders.
The INE857Q07349 Debenture is issued by Tata Cleantech Capital Limited, a Private Sector company.