Taxable
Tax Category
30 Jun, 2026
Maturity Date
(11 Mo 13 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
23 Aug, 2024
Allotment Date
NA
Put Date
30 Apr, 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
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
20%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
15 Apr, 2025
Record Date
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ARRIL is a special purpose vehicle (SPV) promoted by Sadbhav Engineering Limited (SEL) through its step-down subsidiary, Sadbhav Infrastructure Project Limited (SIPL), for implementing the ring road project around the municipal limits of Ahmedabad city. The project was awarded by AUDA for broadening the then existing 76 km two-lane ring road around Ahmedabad to four lanes along with O&M of the same on BOT basis.
The ratio in FY24 is 0.81x and it was 0.04x in FY23, indicating increase in the debt level due to increase in the borrowings and decrease in the profitability of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 3.93x and it was 18.49x in FY23, indicating significant decrease in the debt servicing ability of the issuer due to increase in the expenses on borrowings which led to increase in the finance cost in FY24.
Interest coverage ratio
Select the number of units below
BOND VALUE DETAILS
Cashflow for INE091I07011 |
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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 |
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20.00% Ahmedabad Ring Road Infrastructure Limited 30 Jun 2026 |
Credit Rating |
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BBB / Stable by ACUITE |
Coupon Frequency |
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Monthly |
Face Value |
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₹84,030 |
Coupon |
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20.000000% |
YTM or YTC |
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YTM |
Maturity Date |
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30/06/2026 |
Security |
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Senior Secured |
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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% |
Year | Payment Date | Amount | Amount after TDS | Payout Type |
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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.