Security Name: 10.39% Himachal Pradesh State Electricity Board Limited 27 Mar 2026
ISIN:
INE220H08016
Taxable
Tax Category
27 Mar, 2026
Maturity Date
(9 Mo 2 D to mature)
Half Yearly
Interest Payment Frequency
No
NRI Eligibility
29 Mar, 2016
Allotment Date
29/03/2023
Put Date
29 Sep, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
10.39%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
14 Sep, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Himachal Pradesh State Electricity Board Limited
Himachal Pradesh State Electricity Board Limited (HPSEBL) was constituted in September 1971 in accordance with the Electricity Act, 1948, for the coordinated development of the power potential, generation, transmission and distribution of electricity within the state efficiently and economically. On 10 June 2010, Himachal Pradesh State Electricity Board was reorganised into a company to be known as HPSEBL.
The ratio in FY24 is 10.70x and it was -12.51x in FY23, indicating decrease in the debt level due to decrease in the borrowings of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 0.16x and it was -1.97x in FY23, indicating increase in the debt servicing ability of the issuer due to decrease in the incurred losses compared to previous years.
Interest coverage ratio
Recent News
Sharika Enterprises wins order of Rs 7.53 cr from Himachal Pradesh State Electricity Board
Oct 09, 2024 | Himachal Pradesh State Electricity Board Limited
Himachal Pradesh Government Reverts Decision, Electricity Board to Manage Power Sale and Purchase
Oct 01, 2024 | Himachal Pradesh State Electricity Board Limited
HPSEBL invites bids for 8.33 MW Solar Projects across Himachal Pradesh
Jan 23, 2025 | Himachal Pradesh State Electricity Board Limited
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Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE220H08016 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
|---|
| 10.39% Himachal Pradesh State Electricity Board Limited 27 Mar 2026 |
| Credit Rating |
|---|
| A (CE) / Stable by BWR |
| Coupon Frequency |
|---|
| Half Yearly |
| Face Value |
|---|
| ₹4,00,000 |
| Coupon |
|---|
| 10.390000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 27/03/2026 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹0 |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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Quote Not Available for purchase
Disclaimer: 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.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
