Security Name: 8.09% NLC India Limited 29 May 2029
ISIN:
INE589A07037
Taxable
Tax Category
29 May, 2029
Maturity Date
(3 Yr 11 Mo 11 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
29 May, 2019
Allotment Date
NA
Put Date
29 May, 2026
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
8.09%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
14 May, 2026
Record Date
YOUR EARNING
Your Investment
Quote Not Available
Final Payout
₹0
Payment Schedule(Date)
Interest Payout(₹)
Interest Payout(₹) Post TDS
*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
NLC India Limited
For more than six glorious decades, NLC India Limited has been a forerunner amongst the Public Sector Enterprises in the country in the energy sector, contributing to a lion's share in lignite production and significant share in thermal and renewable energy generation. The Company was incorporated on 14.11.1956. NLCIL is a Navratna Government of India Enterprise, under the administrative control of the Ministry of Coal. Today, the company has set its footprints in PAN India mode in the states of Tamil Nadu, Rajasthan, Uttar Pradesh, Odisha, Jharkhand, Gujarat and Andaman & Nicobar Islands.
The ratio in FY24 is 1.64x and it was 2.40x, indicating decrease in debt level due to decrease in the borrowings as well as in finance cost of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 5.34x and it was 3.28x in FY23, indicating increase in debt servicing ability of the issuer due to significant increase in profit.
Interest coverage ratio
Recent News
NLC India to raise funds via IPO of arm for clean energy expansion
Jul 22, 2024 | NLC India Limited
NLCIL gets coal block at Angul district in Odisha
Jul 16, 2024 | NLC India Limited
NLC switches on Ghatampur power plant in UP
Jan 21, 2025 | NLC India 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.
Clean Price
Yield (YTM)
₹NaN
Principal Amount
₹NaN
Accrued Interest from May 29, 2025
Select the number of units below
BOND VALUE DETAILS
Face Value
₹10,00,000
Market Value
₹NaN
Stamp Duty
₹0
Select a Settlement Date:
Total Investment
Quote Not Available
| Cashflow for INE589A07037 |
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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 |
|---|
| 8.09% NLC India Limited 29 May 2029 |
| Credit Rating |
|---|
| AAA Stable by ICRA AAA Stable by IND |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 8.090000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 29/05/2029 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| NaN |
| Settlement Date |
|---|
| Jun 17,2025 |
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹NaN |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹NaN |
| Price |
|---|
| ₹NaN |
| Yield |
|---|
| 0% |
| 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.
