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Instrument Details

ISIN: INE829X07013

Face value

₹7,62,000

Coupon rate

REFER RESET (REFER REMAKRS)

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

165

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

21 Jun 2018

Maturity Date

31 Mar 2034

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA 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

WESTERN TRANSMISSION (GUJARAT) LIMITED RR NCD 31MR34 FVRS761997.87
Western Transmission (gujarat) Limited, a Utilities company, has floated Debenture, having ISIN value as INE829X07013, with a face value of ₹7,62,000 rs on 21Jun18 to raise 165 crores. The debt instrument is issued with a coupon rate of REFER RESET (REFER REMAKRS) and its interest is paid Quarterly. 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 HDFC MCLR RATE LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/03/2034. 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 05Jul18. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 08Aug19. 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
30 Mar 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

REFER RESET (REFER REMAKRS)

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE829X07013 issued by Western Transmission (gujarat) Limited

The instrument name of INE829X07013 ISIN is WESTERN TRANSMISSION (GUJARAT) LIMITED RR NCD 31MR34 FVRS761997.87.
The interest earned from INE829X07013 bond issued by Western Transmission (gujarat) Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE829X07013 bond issued by Western Transmission (gujarat) Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE829X07013 bond issued by Western Transmission (gujarat) Limited is REFER RESET (REFER REMAKRS).
The INE829X07013 Debenture is issued by Western Transmission (gujarat) Limited, a Private Sector company.
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