Instrument Details

ISIN: INE245A07259

Face value

₹20,00,000

Coupon rate

9.15%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

23 Jul 2010

Maturity Date

23 Jul 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

THE TATA POWER COMPANY LIMITED 9.15 NCD 23JL24 FVRS20LAC
The Tata Power Company Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE245A07259, with a face value of ₹20,00,000 rs on 23Jul10 to raise 20 crores. The debt instrument is issued with a coupon rate of 9.15% 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 9.15% Secured Non-Convertible Debenture. Series - STRPP- N, Date of Maturity 23/07/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 19Jan11 & on BSE stock exchange on 19Jan11. ICRA LIMITED has given AA rating to this Debenture on 17Oct23. 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
18 Oct 2023
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Outlook
Positive
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Seniority in Repayment
None
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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
₹20,00,000
Lot Size
100
Minimum Investment
₹20,00,00,000

Cashflow

₹20,00,00,000
23-Jul-10 : Your investment
₹1,83,00,000
23-Jul-11 : Interest
₹1,83,00,000
23-Jul-12 : Interest
₹1,83,00,000
23-Jul-13 : Interest
₹1,83,00,000
23-Jul-14 : Interest
₹1,83,00,000
23-Jul-15 : Interest
₹1,83,00,000
23-Jul-16 : Interest
₹1,83,00,000
23-Jul-17 : Interest
₹1,83,00,000
23-Jul-18 : Interest
₹1,83,00,000
23-Jul-19 : Interest
₹1,83,00,000
23-Jul-20 : Interest
₹1,83,00,000
23-Jul-21 : Interest
₹1,83,00,000
23-Jul-22 : Interest
₹1,83,00,000
23-Jul-23 : Interest
₹1,83,00,000
23-Jul-24 : Interest
₹45,62,00,000
23-Jul-24 : Maturity amount (Investment: ₹20,00,00,000, Interest earned: ₹25,62,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.15%

Returns

High

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Electric Utilities
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE245A07259 issued by The Tata Power Company Limited

The instrument name of INE245A07259 ISIN is THE TATA POWER COMPANY LIMITED 9.15 NCD 23JL24 FVRS20LAC.
The interest earned from INE245A07259 bond issued by The Tata Power Company Limited is paid Annually, ensuring regular and consistent income for investors.
This INE245A07259 bond issued by The Tata Power Company Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.15%, which determines the periodic interest payments made to bondholders.
The INE245A07259 Debenture is issued by The Tata Power Company Limited, a Private Sector company.