Bond Directory / BALKRISHNA INDUSTRIES LIMITED

BALKRISHNA INDUSTRIES LIMITED

ACTIVE

5.67% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENTMENT.DATE OF MATURITY 25/04/2025

ISIN

INE787D08021

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Essentials

Coupon Rate (Returns)

5.67%

Rating

AA  CARE RATINGS LIMITED

Interest Payment Frequency

SEMI ANNUALLY

Two Times Every Year

Maturity after

2 years

Apr 25, 2025

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

500 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Axis Trustee Services Limited

Issue

Private Placement (EBP)

Issuer Details

BALKRISHNA INDUSTRIES LIMITED

Business Sector

76

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -CARE RATINGS LIMITED

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private Placement (EBP)

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private Placement (EBP)

Coupon Type

Simple

*Rating Agency - CARE RATINGS LIMITED

Note: 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

(-)

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

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.

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