Bond Directory / WEST GUJARAT EXPRESSWAY LIMITED

WEST GUJARAT EXPRESSWAY LIMITED

ACTIVE

10.20% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. LETTER OF ALLOTMENT. DATE OF MATURITY 31/01/2023

ISIN

INE475I07016

Copied

Essentials

Coupon Rate (Returns)

10.2%

Rating

INDIA RATING AND RESEARCH PVT. LTD

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

-1 years -8 months

Jan 31, 2023

Face Value

₹77,500

Coupon Type

Compounding

MONTHLY

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

52.50 Crores

Issue Price

₹77,500

Security class

Debentures

Listing details

Not listed

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LTD.

Issue

Private Placement

Issuer Details

WEST GUJARAT EXPRESSWAY LIMITED

Business Sector

Industrial

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -INDIA RATING AND RESEARCH PVT. LTD

Issue Size

Large

Rating Category*

D

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

Factors

Issue Size

Large

Rating Category*

D

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

*Rating Agency - INDIA RATING AND RESEARCH PVT. LTD

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

D

(Mar 04, 2020)

Instruments with this rating are in default or are expected to be in default soon.

Credit Outlook

Not Applicable

Not Applicable

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

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...

Satya Microcapital Limited

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.7554%

Price

₹ 1,00,075.89

Krazybee Services Private Limited

Coupon

11.0000%

Maturity

Jan 2026

Rating

CRISIL  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2500%

Price

₹ 1,00,034.92

Manba Finance Limited

Coupon

11.7500%

Maturity

Jun 2026

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2000%

Price

₹ 99,785.40

Utkarsh Small Finance Bank Limited

Coupon

11.0000%

Maturity

Jun 2031

Rating

ICRA  A+

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

10.7500%

Price

₹ 1,02,884.69

Piramal Capital & Housing Finance Limited

Coupon

6.7500%

Maturity

Sep 2031

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.6500%

Price

₹ 750.77

Auxilo Finserve Private Limited

Coupon

9.9000%

Maturity

Nov 2026

Rating

CARE  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.2695%

Price

₹ 1,01,247.67

Hinduja Leyland Finance Limited

Coupon

9.5000%

Maturity

Nov 2029

Rating

CRISIL  AA+

Type of Bond

Subordinate Debt

Yield

9.7500%

Price

₹ 1,02,564.38