Tata Industries Limited
ACTIVE
ISIN: INE760E08166
Issuer Details
Issuer Name
TATA INDUSTRIES LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
NA%
Industry
Finance
Issuer nature
-
Corporate Identity Number (CIN)
U44003MH1945PLC004403
Name of the Lead Manager
-
Registrar
TSR Darashaw Private Limited
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
UNSECURED UNLISTED RATED RED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
250
Category of Instrument
-
Allotment Date
18-01-2021
Redemption Date
16-01-2026
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Credit Rating Details
Sr No.
Rating Agency Name
Credit Rating
Outlook
Rating Date
1
CRISIL RATINGS LIMITED
AAA
Stable
28-12-2020
1
CARE RATINGS LIMITED
AAA
Stable
16-01-2021
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About Tata Industries Limited bond with ISIN: INE760E08166
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE760E08166, represents a significant financial instrument. Issued by TATA INDUSTRIES LIMITED, it comes with the following description: "UNSECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 16/01/2026.". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, TATA INDUSTRIES LIMITED, classified as N/A, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U44003MH1945PLC004403 further bolster its credibility. With a coupon rate of NA, this instrument has been meticulously managed with the assistance of TSR Darashaw Private Limited and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 250. It was allotted on 1/18/2021 and is scheduled for redemption on 1/16/2026. Categorized under "-" and defined as Unsecured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of AAA as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of AAA is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: No specific asset cover description available. – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including CARE RATINGS LIMITED_17-07-2024, CARE RATINGS LIMITED_02-01-2024, CARE RATINGS LIMITED_03-01-2023. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE760E08190 having a coupon rate of 8% and the bond with ISIN INE760E08182 having a coupon rate of 8.65%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.