Bond Directory / KONKAN RAILWAY CORPORATION LIMITED

KONKAN RAILWAY CORPORATION LIMITED

DELETED

7.94% SECURED RATED LISTED REDEEMABLE TAXABLE NON CONVERTIBLE BOND IN THE NATURE OF DEBENTURE. SERIES 19-I. LETTER OF ALLOTMENT. DATE OF MATURITY 01/10/2029

ISIN

INE139F07113

Copied

Essentials

Coupon Rate (Returns)

7.94%

Rating

AAA(CE)  ICRA LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-1 months

Oct 29, 2024

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

120 Crores

Issue Price

₹10,00,000

Security class

Bond

Listing details

NSE & BSE

Debenture Trustee

IDBI Trusteeship Services Limited

Issue

Private Placement

Issuer Details

KONKAN RAILWAY CORPORATION LIMITED

Business Sector

Utilities

Issuer Nature type

Other

Issuer Ownership

Public Sector Undertaking (PSU)

Factors

*Rating Agency -ICRA LIMITED

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

*Rating Agency - ICRA LIMITED

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AAA(CE)

(Nov 29, 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

4

-

Repayment Priority

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

Senior

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.

You may also like...

Earlysalary Services Private Limited

Coupon

10.9000%

Maturity

May 2026

Rating

CARE  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.3500%

Price

₹ 99,359.62

Krazybee Services Private Limited

Coupon

11.0000%

Maturity

Jan 2026

Rating

CRISIL  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2500%

Price

₹ 83,354.31

Varthana Finance Private Limited

Coupon

11.5000%

Maturity

Sep 2026

Rating

CRISIL  BBB

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.0861%

Price

₹ 87,058.90

Namra Finance Limited

Coupon

11.0000%

Maturity

May 2026

Rating

CARE  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.4563%

Price

₹ 1,00,572.60

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Aug 2025

Rating

Ind-Ra  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.1704%

Price

₹ 75,662.67

Muthoot Microfin Limited

Coupon

11.0000%

Maturity

Jun 2026

Rating

CRISIL  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.7000%

Price

₹ 60,666.59

Muthoot Microfin Limited

Coupon

11.0000%

Maturity

Jan 2026

Rating

CRISIL  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.6000%

Price

₹ 60,551.99

Indostar Capital Finance Limited

Coupon

10.5000%

Maturity

Sep 2026

Rating

CARE  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.3000%

Price

₹ 1,024.98