Security Name: 7.47% Small Industries Development Bank Of India 05 Sep 2029
ISIN:
INE556F08KR0
Taxable
Tax Category
05 Sep, 2029
Maturity Date
(4 Yr 4 Mo 9 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
05 Sep, 2024
Allotment Date
NA
Put Date
05 Sep, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-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
7.47%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
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
Small Industries Development Bank Of India
Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for coordination of functions of institutions engaged in similar activities.
The ratio in FY24 is 9.60x and it was 11.94x in FY23, indicating decrease in debt level due to increase in the profitability in FY24.
Debt/EBITDA
The ratio in FY24 is 1.23x and it was 1.35x in FY23, indicating decrease in debt servicing ability of the issuer due to increase in finance cost compared to previous year.
Interest coverage ratio
Recent News
Shivamogga to get SIDBI branch, says Raghavendra
Sep 05, 2024 | Small Industries Development Bank Of India
Sidbi to tap humble postmen to support micro-entrepreneurs across country
Aug 22, 2024 | Small Industries Development Bank Of India
CM Fadnavis Signs MoU With SIDBI For Rs 100 Crore Fund For Startups in Maharashtra, Emphasises Defence Manufacturing
Jan 17, 2025 | Small Industries Development Bank Of India
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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.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE556F08KR0 |
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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 |
|---|
| 7.47% Small Industries Development Bank Of India 05 Sep 2029 |
| Credit Rating |
|---|
| AAA Stable by CARE AAA Stable by CRISIL |
| Coupon Frequency |
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| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 7.470000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 05/09/2029 |
| 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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| ₹NaN |
| 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.
