Bond Directory / NUVOCO VISTAS CORPORATION LIMITED

NUVOCO VISTAS CORPORATION LIMITED

ACTIVE

9.65% UNSECURED SUBORDINATED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IV - TRANCHE 2. DATE OF MATURITY 06/07/2077

ISIN

INE118D08052

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Essentials

Coupon Rate (Returns)

9.65%

Rating

AA-  INDIA RATING AND RESEARCH PVT. LTD

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

53 years 2 months

Jul 06, 2077

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call Available

Put option exercised at

Data Not Available

Issue Details

Issue Size

300 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

NSE

Debenture Trustee

IDBI Trusteeship Services Limited

Issue

Private

Issuer Details

NUVOCO VISTAS CORPORATION LIMITED

Business Sector

16

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -INDIA RATING AND RESEARCH PVT. LTD

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - INDIA RATING AND RESEARCH PVT. LTD

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

AA-

(Oct 16, 2020)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very 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

Subordinate Tier1

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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