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Instrument Details

ISIN: INE155A08407

Face value

₹10,00,000

Coupon rate

8.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

250

Instrument Type

Debenture

Returns

High

Date of Issue

26 Feb 2020

Maturity Date

30 Dec 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

TATA MOTORS LIMITED E28-B TR I8.50NCD30DC26FV10LAC LOAUPTO13MY20
Tata Motors Limited, a Passenger Cars & Utility Vehicles company, has floated Debenture, having ISIN value as INE155A08407, with a face value of ₹10,00,000 rs on 26Feb20 to raise 250 crores. The debt instrument is issued with a coupon rate of 8.50% 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 Unsecured Debenture is 8.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES E28-B TRANCHE I.LETTER OF ALLOTMENT DATE OF MATURITY 30/12/2026.. 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 06Mar20 & on NSE stock exchange on 06Mar20. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 14Feb20. This issuer is formerly known as TATA ENGINEERING AND LOCOMOTIVE CO. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
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Date Verified
14 Jun 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
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
26-Feb-20 : Your investment
₹85,00,000
26-Feb-21 : Interest
₹85,00,000
26-Feb-22 : Interest
₹85,00,000
26-Feb-23 : Interest
₹85,00,000
26-Feb-24 : Interest
₹85,00,000
26-Feb-25 : Interest
₹85,00,000
26-Feb-26 : Interest
₹71,95,890
30-Dec-26 : Interest
₹15,81,95,890
30-Dec-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,81,95,890)

Summary

Instrument Attributes

Value

Coupon Rate

8.50%

Returns

High

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Passenger Cars & Utility Vehicles
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Automobile and Auto Components
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE155A08407 issued by Tata Motors Limited

The instrument name of INE155A08407 ISIN is TATA MOTORS LIMITED E28-B TR I8.50NCD30DC26FV10LAC LOAUPTO13MY20.
The interest earned from INE155A08407 bond issued by Tata Motors Limited is paid Annually, ensuring regular and consistent income for investors.
This INE155A08407 bond issued by Tata Motors Limited has been assigned a credit rating of AA+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.5%, which determines the periodic interest payments made to bondholders.
The INE155A08407 Debenture is issued by Tata Motors Limited, a Private Sector company.
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