BOND DETAILS
Nirma Limited 8.5% Bond · 7 Apr 2027
INE091A07208SecuredReported as listedAnnual coupon rate8.5%On face value · not yield
Maturity date7 Apr 2027
7 months left
Face value per bond₹1,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Annual
- Interest type
- Fixed Interest
- Face value
- ₹1,00,000
- Allotment date
- 22 Feb 2024
- Security
- Secured
- Seniority
- Senior
- Day-count convention
- Actual/actual
- Reported tax category
- Taxable
Interest & repayment
Interest payments
Once a year
Redemption terms
Full Redemption
Call provisions
At the end of 3 years from the deemed date of allotment i.e. 22 February 2027,On or prior to 21 days of call date.,On or prior to 21 days of call date.,
Put provisions
At the end of 3 years from the deemed date of allotment i.e. 22 February 2027,On or prior to 21 days of put date.,On or prior to 21 days of put date.,Also, the Co is required to mandatorily redeem Deb in accordance with Mandatory Prepayment clause as set out in DTD in accordance with applicable laws
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| INDIA RATING AND RESEARCH PVT. LTD | AA | 15 Jan 2024 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Nirma Limited
- ISIN
- INE091A07208
- Debenture trustee
- IDBI Trusteeship Services Limited
- Registrar
- Link Intime India Private Limited,Mumbai
- NSE · reported status
- Listed
- BSE · reported status
- To be listed
- Security name
- NIRMA LIMITED SR VII TR C 8.50 NCD 07AP27 FVRS1LAC
- Bond description
- 8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES VII TRANCHE C DATE OF MATURITY 07/04/2027
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