Bond Directory / BANGALORE METRO RAIL CORPORATION LIMITED

BANGALORE METRO RAIL CORPORATION LIMITED

ACTIVE

8.79% SECURED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS. SERIES I. LETTER OF ALLOTMENT. DAT EOF MATURITY 23/12/2024

ISIN

INE928P07019

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Essentials

Coupon Rate (Returns)

8.79%

Rating

AA  INDIA RATING AND RESEARCH PVT. LTD

Interest Payment Frequency

SEMI ANNUALLY

Two Times Every Year

Maturity after

2 years 4 months

Dec 23, 2024

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

300 Crores

Issue Price

₹10,00,000

Security class

Bond

Listing details

NSE & BSE

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Private

Issuer Details

BANGALORE METRO RAIL CORPORATION LIMITED

Business Sector

Utilities

Issuer Nature type

Other

Issuer Ownership

Public Sector Undertaking (PSU)

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency -INDIA RATING AND RESEARCH PVT. LTD

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - INDIA RATING AND RESEARCH PVT. LTD

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.

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What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AA

(Feb 25, 2015)

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

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

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

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3

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4

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Documents required for KYC

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Proof of address

Demat details

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