Bond Directory / MACROTECH DEVELOPERS LIMITED

MACROTECH DEVELOPERS LIMITED

ACTIVE

8.75% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 27/03/2027

ISIN

INE670K07257

Copied

Essentials

Coupon Rate (Returns)

8.75

Rating

A+  ICRA LIMITED

Interest Payment Frequency

QUARTERLY

Once Every Quarter

Maturity after

2 years 9 months

Mar 27, 2027

Face Value

₹1,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

125 Crores

Issue Price

₹1,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

IDBI Trusteeship Services Limited

Issue

Private Placement (EBP)

Issuer Details

MACROTECH DEVELOPERS LIMITED

Business Sector

189

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -ICRA LIMITED

Issue Size

Large

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

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

A+

(Mar 06, 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

Not Applicable

Not Applicable

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.

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