7.55%REC Limited 31 Mar 2028
ISIN:
INE020B08EA5
Taxable
Tax Category
31 Mar, 2028
Maturity Date
(3 Yr 5 Mo 20 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
02 Dec, 2022
Allotment Date
NA
Put Date
31 Mar, 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
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
REC Limited
REC Limited, incorporated in 1969, is a NBFC with infrastructure finance company status. REC’s main objective is to finance and promote power sector projects across the country. While the initial mandate was to finance village electrification, pump-set energizing and transmission and distribution projects. While its corporate office is in New Delhi, the company has 18 project offices and three sub-offices, located in most states in the country.
The ratio in FY24 is 9.18x and it was 9.97x in FY23. It indicates that the debt level is decreasing due to increase in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.59x and it was 1.58 x in FY23, indicating almost no change in debt servicing ability of the issuer due to increase in profit
Interest coverage ratio
Recent News
REC’s proposed fund borrowings will be raised for different maturities
Jun 01, 2023 | REC Limited
Related Videos
Tax-Free Bonds
Tax Planning 2.0: Elevating Your Investment Game with Tax-Free Bonds
Principal Repayment Schedule
Understanding the Payback: The Essentials of Principal Repayment
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.
₹NaN
Price
%
Yield
Principal Amount
Accrued Interest from
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Total Investment
Quote Not Available for purchase
