Instrument Details

ISIN: INE857Q07356

Face value

₹10,00,000

Coupon rate

7.62%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Medium

Date of Issue

21 Jun 2022

Maturity Date

20 Jun 2025

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 A 7.62 NCD 20JU25 FVRS10LAC
Tata Cleantech Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE857Q07356, with a face value of ₹10,00,000 rs on 21Jun22 to raise 50 crores. The debt instrument is issued with a coupon rate of 7.62% 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 7.62% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. TCCL NCD A SERIES FY 2022-23. DATE OF MATURITY 20/06/2025.. 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 22Jun22. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 14Jun22. 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
22 Jun 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
21-Jun-22 : Your investment
₹76,20,000
21-Jun-23 : Interest
₹76,20,000
21-Jun-24 : Interest
₹76,20,000
20-Jun-25 : Interest
₹12,28,60,000
20-Jun-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,28,60,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.62%

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 INE857Q07356 issued by Tata Cleantech Capital Limited

The instrument name of INE857Q07356 ISIN is TATA CLEANTECH CAPITAL LIMITED SR A 7.62 NCD 20JU25 FVRS10LAC.
The interest earned from INE857Q07356 bond issued by Tata Cleantech Capital Limited is paid Annually, ensuring regular and consistent income for investors.
This INE857Q07356 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 7.62%, which determines the periodic interest payments made to bondholders.
The INE857Q07356 Debenture is issued by Tata Cleantech Capital Limited, a Private Sector company.