Explore / Results / INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED

Highest Safety

Highest Safety

ISIN

INE202E07179

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Essentials - Tax-free Bond

Coupon Rate (Returns)

7.1700 %

Rating

Ind-Ra  AAA

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity Date

Oct 01, 2025

1 years 9 months

Yield to Maturity (YTM)

5.2000 %

Effective Returns

Security Class

Bond

Next Interest Payment Date

Oct 01, 2024

Allotment Date

Oct 01, 2015

Call date

-

Put date

-

Coupon Type

Fixed Interest

Calculate Investment

Minimum bond quantity is

Choose number of bonds you want to buy

Bond Value Details

Face Value

₹ 10,00,000.00

Market Value

₹ 10,32,694.00

Principal Amount

(Market value * no. of bonds)

₹ 10,32,694.00

Accrued Interest
till Dec 12, 2023

(Interest earned on the bond this year)

14,105

Total Investment

₹ 10,46,798.92

×

Vistra ITCL (India) Limited

Issue Details

Issue Size

₹ 284 Crores

Private Issue

Listing details

Yes

Debenture Trustee

Vistra ITCL (India) Limited

Issuer Details

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED

Founded in 2008

Business Sector

Energy

Link Intime India Private Limited,Mumbai

Registrar Details

Link Intime India Private Limited,Mumbai

Ownership

Public Sector Undertaking (PSU)

Security Name

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR-XIV 7.17 BD 01OT25 FVRS10LAC LOAUPTO04OT15

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR-XIV 7.17 BD 01OT25 FVRS10LAC LOAUPTO04OT15

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR-XIV 7.17 BD 01OT25 FVRS10LAC LOAUPTO04OT15

Factors

Yield

Low

Issue Size

Large

Rating Category*

AAA

Tax Saving

Yes

Issue Type

Private

*Rating Agency -Ind-Ra

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

Factors

Yield

Low

Issue Size

Large

Rating Category*

AAA

Tax Saving

Yes

Issue Type

Private

*Rating Agency - Ind-Ra

What can I earn?

Your investment will yield regular returns across the tenure


Your Investment

₹ ₹ 10,46,798.92


Principal Amount

₹ ₹ 10,32,694.00

+

Accrued Interest

₹ 14,105

Final Payout


Principal Payout

₹ ₹ 10,46,798.92

+

Interest Payout

₹ 1,43,400.000000

Year

Payment Schedule (Date)

Interest Payout (₹)

2024

01 Oct

₹ 71,700.00

₹ 0

Your Investment

Total Investment

₹ 10,46,798.92

Final Payout

Total Payout

11,43,400.000000

2024

2025

Final Payout

Total Payout

11,43,400.000000

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

AAA

(Jun 28, 2023)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Under Watch

Not Applicable

Not Applicable

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Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

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Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

gurantee icon

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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