Vedanta Limited

About Vedanta Limited bond with ISIN: INE205A07220

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 INE205A07220, represents a significant financial instrument. Issued by VEDANTA LIMITED, it comes with the following description: "8.74% SECURED RATED LISTED REDEEMBALE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 29/06/2032.". 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, VEDANTA LIMITED, classified as Non 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) L13209GA1965PLC000044 further bolster its credibility. With a coupon rate of 8.74, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES 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 4089. It was allotted on 6/29/2022 and is scheduled for redemption on 6/29/2032. Categorized under "N/A" and defined as Secured, 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 CRISIL RATINGS LIMITED. 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: The whole of the movable Fixed Assets both present and future excluding capital work in progress of Vedanta Limited in relation to the Aluminium Division comprising of 6 MTPA alumina refinery alongwith 75 MW cogeneration captive power plant in Lanjigarh, Odisha and 1.6 MTPA aluminium smelter plant along with 1215 MW (9x135 MW) power plant and 2400 MW Power plant in Jharsuguda, Odisha. – 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, CRISIL RATINGS LIMITED_10-09-2024, INDIA RATING AND RESEARCH PVT. LTD_29-08-2024, CRISIL RATINGS LIMITED_17-11-2023, CRISIL RATINGS LIMITED_04-10-2023, CRISIL RATINGS LIMITED_28-03-2023, INDIA RATING AND RESEARCH PVT. LTD_22-01-2024, INDIA RATING AND RESEARCH PVT. LTD_22-12-2023, INDIA RATING AND RESEARCH PVT. LTD_11-10-2023, INDIA RATING AND RESEARCH PVT. LTD_11-10-2023, INDIA RATING AND RESEARCH PVT. LTD_31-03-2023, INDIA RATING AND RESEARCH PVT. LTD_09-05-2022. 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 INE205A07253 having a coupon rate of 1 M OIS and the bond with ISIN INE205A07246 having a coupon rate of 12% and the bond with ISIN INE205A07238 having a coupon rate of 12% and the bond with ISIN INE205A07196 having a coupon rate of 9.2%. 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.