BOND DETAILS
Star Union Dai-ichi Life Insurance Company Limited 7.75% Bond · 24 Nov 2031
INE503V08016UnsecuredReported as listedAnnual coupon rate7.75%On face value · not yield
Maturity date24 Nov 2031
5.2 years left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Annual
- Interest type
- Fixed Interest
- Face value
- ₹10,00,000
- Allotment date
- 24 Nov 2021
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ON ANNUALLY BASIS ON 24/11/2022,24/11/2023 AND SO ON TILL MATURITY.
Redemption terms
PARTIAL REDMEPTION ON 24/11/2026,24/11/2027 AND SO ON TILL MATURITY
Call provisions
THE ISSUER SHALL HAVE THE RIGHT TO EXERCISE A CALL OPTION IN RESPECT OF ALL OR PART OF THE DEBENTURES AT THE END OF 5 YEARS FROM THE DEEMED DATE OF ALLOTMENT ON ANY CALL OPTION PAYMENT DATE. THE CALL OPTION PAYMENT DATES ARE NOVEMBER 24, 2026, AND ANNUALLY THEREAFTER ON NOVEMBER 24, 2027, NOVEMBER 24, 2028, NOVEMBER 24, 2029 AND NOVEMBER 24, 2030.
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| ICRA LIMITED | AA | 25 Jul 2024 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Star Union Dai-ichi Life Insurance Company Limited
- ISIN
- INE503V08016
- Debenture trustee
- IDBI Trusteeship Services Limited
- Registrar
- KFIN TECHNOLOGIES PRIVATE LIMITED
- NSE · reported status
- To be listed
- BSE · reported status
- Listed
- Security name
- STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 7.75 NCD 24NV31 FVRS10LAC
- Bond description
- 7.75% UNSECURED RATED LISTED NON CONVERTIBLE SUBORDINATE TIER IIDEBENTURE.DATE OF MATURITY 24/11/2031