Bond Directory / GREENKO SOLAR POWER (MEDAK) LIMITED

GREENKO SOLAR POWER (MEDAK) LIMITED

ACTIVE

RESET RATE SECURED UNLISTED REDEEMABLE RATED NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 31/03/2036

ISIN

INE360Z07022

Copied

Essentials

Coupon Rate (Returns)

RESET RATE REFER REMARKS

Rating

A+(CE)  CARE RATINGS LIMITED

Interest Payment Frequency

SEMI ANNUALLY

Two Times Every Year

Maturity after

11 years 10 months

Mar 31, 2036

Face Value

₹1,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call Available

Put option exercised at

Data Not Available

Issue Details

Issue Size

40 Crores

Issue Price

₹1,00,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

Axis Trustee Services Limited

Issue

Private Placement

Issuer Details

GREENKO SOLAR POWER (MEDAK) LIMITED

Business Sector

Energy

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -CARE RATINGS LIMITED

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

Factors

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

*Rating Agency - CARE RATINGS 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

A+(CE)

(Aug 28, 2018)

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

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

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.

You may also like...

U.P. Power Corporation Limited

Coupon

9.7500%

Maturity

Oct 2025

Rating

BWR  AA-(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.0000%

Price

₹ 10,18,772.98

U.P. Power Corporation Limited

Coupon

10.1500%

Maturity

Jan 2028

Rating

BWR  AA-(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

8.7500%

Price

₹ 10,56,505.64

U.P. Power Corporation Limited

Coupon

9.9500%

Maturity

Mar 2032

Rating

Ind-Ra  A+(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

8.7000%

Price

₹ 10,97,948.33

Power Finance Corporation Limited

Coupon

7.8200%

Maturity

Mar 2038

Rating

ICRA  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.4500%

Price

₹ 1,04,687.80

Government Of India

Coupon

7.5400%

Maturity

May 2036

Rating

Sovereign

Type of Bond

Central Government Securities

Yield

7.0900%

Price

₹ 107.35

Government Of India

Coupon

7.1800%

Maturity

Jul 2037

Rating

Sovereign

Type of Bond

Central Government Securities

Yield

7.0700%

Price

₹ 103.27

Satya Microcapital Limited

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.9000%

Price

₹ 99,915.65

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.8000%

Price

₹ 1,01,291.53