Security Name: 11.01% Meghalaya Energy Corporation Limited 10 Jan 2031
ISIN: INE760I07052
Taxable
Tax Category
10 Jan, 2031
Maturity Date
(4 Yr 10 Mo 13 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
11 Jan, 2021
Allotment Date
NA
Put Date
10 Jun, 2026
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
₹NaN
Dirty Price
11.01%
Coupon
Fixed Interest
Coupon Basis
9.9618%
Current Yield
26 May, 2026
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
Risk gauge from Low to High Safety. Needle points between Medium and High Safety. Credit rating is A-(CE)/Stable (ACUITE).
| Rating agency | Rating | Needle position |
|---|---|---|
| ACUITE | A-(CE)/Stable | between Medium and High Safety |
| BWR | A-(CE)/Stable | between Medium and High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
LIQUIDITY INDICATOR #
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Transaction Count
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Volume Traded
as on -- (in Lakhs)
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Transaction Count
(since 3 months)
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Volume Traded
(since 3 months) (in Lakhs)
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# Last Updated: --
ISSUER
Meghalaya Energy Corporation Limited (MECL) is a state-owned electric utility company which was incorporated in the year 2009. The company is headquartered in Shillong and is engaged in the business of generation, transmission and distribution of hydro power.
The ratio in FY23 is 6.85x and it was 3.35x in FY22, indicating increase in debt levels, due to increase in borrowings.
Debt/EBITDA
The ratio in FY23 1.99x and it was 2.28x in FY22, indicating decrease in the debt servicing ability of the issuer due to decrease in the profitability.
Interest coverage ratio
Recent News
Jun 01, 2023 | Meghalaya Energy Corporation Limited
Apr 08, 2024 | Meghalaya Energy Corporation Limited
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STEPS TO BUY THIS BOND
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.
Principal Amount
Accrued Interest from
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
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Total Investment
| Cashflow for INE760I07052 |
|---|
| 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). |
|---|
| Security Name |
|---|
| 11.01% Meghalaya Energy Corporation Limited 10 Jan 2031 |
| Credit Rating |
|---|
| A-(CE)/Stable by ACUITE A-(CE)/Stable by BWR |
| Coupon Frequency |
|---|
| Quarterly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 11.010000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 10/01/2031 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Feb 26,2026 |
| Principal Amount |
|---|
| ₹11,05,219 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹1 |
| Total Amount Payable |
|---|
| ₹11,05,220 |
| Price |
|---|
| ₹110.5219 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
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.
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