Thdc India Limited
ACTIVE
ISIN: INE812V08011
Issuer Details
Issuer Name
THDC INDIA LIMITED
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
7.88%
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U45203UR1988GOI009822
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
7.88% UNSECURED RATED LISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
600
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
27-12-2022
Redemption Date
27-12-2032
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Cash Flow Schedule
Cash Flow Event
Record Date
Interest
12-12-2023
Interest
12-12-2023
Interest
12-12-2024
Interest
12-12-2024
Interest
15-12-2025
Interest
15-12-2025
Interest
14-12-2026
Interest
14-12-2026
Interest
13-12-2027
Interest
13-12-2027
Interest
12-12-2028
Interest
12-12-2028
Interest
12-12-2029
Interest
12-12-2029
Interest
12-12-2030
Interest
12-12-2030
Interest
15-12-2031
Interest
15-12-2031
Redemption
13-12-2032
Interest
13-12-2032
Interest
13-12-2032
Redemption
13-12-2032
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Similar Bonds
THDC INDIA LIMITED
ISIN: INE812V08029
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Face Value (in ₹)
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THDC INDIA LIMITED
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Face Value (in ₹)
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THDC INDIA LIMITED
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About Thdc India Limited bond with ISIN: INE812V08011
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 INE812V08011, represents a significant financial instrument. Issued by THDC INDIA LIMITED, it comes with the following description: "7.88% UNSECURED RATED LISTED NON CONVERTIBLE BOND IN NATURE OF DEBENTURES LETTER OF ALLOTMENT SERIES VII DATE OF MATURITY 27/12/2032". 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, THDC INDIA LIMITED, classified as Public Sector Undertaking (PSU), 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) U45203UR1988GOI009822 further bolster its credibility. With a coupon rate of 7.88%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 600. It was allotted on 12/27/2022 and is scheduled for redemption on 12/27/2032. Categorized under "PLAIN VANILLA DEBENTURES" 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 AA as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of AA 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, INDIA RATING AND RESEARCH PVT. LTD_20-08-2024, CARE RATINGS LIMITED_23-08-2024, CARE RATINGS LIMITED_09-05-2024, CARE RATINGS LIMITED_29-12-2023, CARE RATINGS LIMITED_25-08-2023, CARE RATINGS LIMITED_08-08-2023, CARE RATINGS LIMITED_30-06-2023, INDIA RATING AND RESEARCH PVT. LTD_07-05-2024, INDIA RATING AND RESEARCH PVT. LTD_28-12-2023, INDIA RATING AND RESEARCH PVT. LTD_31-08-2023. 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 INE812V08029 having a coupon rate of 7.76% and the bond with ISIN INE812V07013 having a coupon rate of 7.59% and the bond with ISIN INE812V08078 having a coupon rate of 7.45% and the bond with ISIN INE812V08037 having a coupon rate of 7.93%. 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.