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Instrument Details

ISIN: INE582L07161

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

07 Feb 2020

Maturity Date

02 Jun 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

TATA HOUSING DEVELOPMENT COMPANY LIMITED NCD 06FB23 FVRS10LAC
Tata Housing Development Company Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE582L07161, with a face value of ₹10,00,000 rs on 07Feb20 to raise 500 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 06/02/2023. 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 18Feb20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 07Feb20. This issuer is formerly known as THDC LIMITED, TATA AIRCRAFT LIMITED, TATA HOUSING DEVELOPMENT COMPANY 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Residential, Commercial Projects
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE582L07161 issued by Tata Housing Development Company Limited

The instrument name of INE582L07161 ISIN is TATA HOUSING DEVELOPMENT COMPANY LIMITED NCD 06FB23 FVRS10LAC.
Never, as INE582L07161 bond issued by Tata Housing Development Company Limited is a Zero-coupon bond.
This INE582L07161 bond issued by Tata Housing Development Company Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE582L07161 bond issued by Tata Housing Development Company Limited is 0%.
The INE582L07161 Debenture is issued by Tata Housing Development Company Limited, a Private Sector company.
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