Bond Directory / KANCHANJUNGA POWER COMPANY PRIVATE LIMITED

KANCHANJUNGA POWER COMPANY PRIVATE LIMITED

ACTIVE

1 YEAR MCLR LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES 3A. DATE OF MATURITY 31/10/2029.

ISIN

INE117N07089

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Essentials

Coupon Rate (Returns)

MCLR LINKED

Rating

A-  CARE RATINGS LIMITED

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

5 years 6 months

Oct 31, 2029

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call and Put

Put option exercised at

At Par

Issue Details

Issue Size

36 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

Axis Trustee Services Limited

Issue

Private Placement (non-EBP)

Issuer Details

KANCHANJUNGA POWER COMPANY PRIVATE LIMITED

Business Sector

242

Issuer Nature type

-

Issuer Ownership

Non PSU

Factors

*Rating Agency -CARE RATINGS LIMITED

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Issue Type

Private Placement (non-EBP)

Coupon Type

Simple

Factors

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Issue Type

Private Placement (non-EBP)

Coupon Type

Simple

*Rating Agency - CARE RATINGS LIMITED

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.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

A-

(Mar 19, 2024)

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

Credit Outlook

Positive

Credit Outlook is positive and hence credit rating of the bond is not likely to change adversely in near future.

Rating Watch

4

-

Repayment Priority

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

None

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

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)

What other details I need to know?

Other Important bond related information that can help you with decision making

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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