7.74% INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED 2031
Issuer's Type
PSU
About Issuer:
Indian Renewable Energy Development Agency Limited is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy. IREDA is a Public Limited Government Company established as a Non-Ba
Issuer's Link
Issuer's Financial Link
A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)
Issuer
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED
Issuer Type
PSU
Face Value
1,000.00
Coupon Rate
7.74% (Fix)
Issue Date
21/Jan/2016
Maturity Date
21/Jan/2031
Issue Size (in Crores)
484.00
Tax Free
Yes
TDS on Interest
Yes
Call Option
N.A.
Put Option
N.A.
Govt. Guarantee
Yes
Security
Senior Secured
Name of Debenture Trustee
Vistra ITCL (India) Limited
Remarks
Investments in debt securities/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.
Issuer
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED
Principal Amount
1,000.00
Yield (YTM)
7.74%
Maturity Date
21-01-2031
Settlement Amount
1,077.40
ISIN No.
INE202E07229