Bond Directory / J.K.CEMENT LIMITED

J.K.CEMENT LIMITED

DELETED

11% Secured Non-Convertible Debenture. Letter of Allotment. Date of Maturity 01/01/2021

ISIN

INE823G07060

Copied

Essentials

Coupon Rate (Returns)

11.00%

Rating

AA  CARE Ratings Limited

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-2 years -5 months

Jan 01, 2021

Face Value

₹3,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call and Put

Put option exercised at

At Par

Issue Details

Issue Size

-

Issue Price

₹3,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LTD.

Issue

Private

Issuer Details

J.K.CEMENT LIMITED

Business Sector

Utilities

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -CARE Ratings Limited

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

Factors

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - CARE Ratings Limited

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). 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

(Dec 16, 2019)

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

Not Applicable

Not Applicable

Repayment Priority

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

Additional Tier 1

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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