Security Name: 7.69% Pipeline Infrastructure Limited 11 Mar 2029
ISIN:
INE01XX07034
Taxable
Tax Category
11 Mar, 2029
Maturity Date
(3 Yr 9 Mo 27 D to mature)
Quarterly
Interest Payment Frequency
No
NRI Eligibility
11 Mar, 2024
Allotment Date
NA
Put Date
31 Mar, 2024
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
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
7.96%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
16 Mar, 2024
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
Pipeline Infrastructure Limited
Pipeline Infrastructure Limited owns and operates a 48 inch diameter pipeline from Kakinada (AP) in the East to Bharuch (Gujarat) in the West with an overall Pipeline Network of 1480 km, including spur and dedicated pipeline. It is India’s first bi-directional pipeline. PIL acts as the vital link in supplying clean and green energy in a safe, sustainable, and reliable manner. The above-ground facility of the PIL pipeline includes 10 Compressor Stations with a total installed power of 900+ MW. PIL is owned by India Infrastructure Trust sponsored by Brookfield Asset Management (BAM), a global leader in alternative asset management. It is authorised as a Common Carrier Pipeline by the Government of India and accepted by the Petroleum and Natural Gas Regulatory Board (PNGRB).
The ratio in FY24 is 6.82x and it was 4.74x in FY23, this indicates the increase in debt levels due to increase in the borrowings of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 0.80x and it was 1.42x in FY23, this indicates the decrease in debt servicing ability of the issuer due to incurred losses compared to previous years profit.
Interest coverage ratio
Recent News
Pipeline Infrastructure and GAIL ink MoU to collaborate, develop hydrogen-based ecosystem
Apr 15, 2024 | Pipeline Infrastructure Limited
SAM, Trilegal advise Pipeline Infrastructure and India Infrastructure Trust on issuance of NCDs
Apr 15, 2024 | Pipeline Infrastructure Limited
Brookfield-backed India Infra InvIT to raise Rs 6,452 crore via debentures
Jul 09, 2024 | Pipeline Infrastructure 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.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE01XX07034 |
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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 |
|---|
| 7.69% Pipeline Infrastructure Limited 11 Mar 2029 |
| Credit Rating |
|---|
| AAA Stable by CARE AAA Stable by CRISIL |
| Coupon Frequency |
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| Quarterly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 7.960000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 11/03/2029 |
| 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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| ₹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.
