Header BG

8.20%India Grid Trust 06 May 2031

ISIN:
INE219X07264
Copy icon

card-bg

Taxable

Tax Category

card-bg

06 May, 2031

Maturity Date
(6 Yr 9 Mo 14 D to mature)

card-bg

Yearly

Interest Payment Frequency

card-bg

Yes

NRI Eligibility

card-bg

06 May, 2021

Allotment Date

card-bg

NA

Put Date

card-bg

06 May, 2025

Next Interest Payment Date

card-bg

15 days

Shut Period

card-bg

Both

Active on NSDL/CDSL

card-bg

Non-Guaranteed

Type of Guarantee

card-bg

No

Perpetual

card-bg

IPO

Mode of Issue

card-bg

Listed

Listing Details

card-bg

Non Public Sector Undertaking

Type of Issuer

card-bg

₹NaN

Dirty Price

YOUR EARNING
gray-flag icon
Your Investment

green-flag icon
Final Payout

₹0

Year
Payment Schedule(Date)
Interest Payout(₹)
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Credit Rating
Low SafetyHigh Safety
AAA Stable
IND
AAA Stable
CRISIL
Senior

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Secured

Security with Collateral?

An investment secured with collateral helps

ISSUER
logo
India Grid Trust

Incorporated in 2016, India Gris Trust (IGT) was originally sponsored by Sterlite Power Grid Ventures Ltd and as of September 2020, KKR has been inducted as the co-sponsor of the trust. All decisions pertaining to acquisition, divestment or enhancement of India Grid’s assets are taken by the investment manager, India Grid Investment Managers Ltd. India Grid completed its initial public offering and listing in May-17 and June-17, respectively.

In FY24  it is  13.87x compared to 7.17x in FY23. It indicates that the company’s debt is increasing due to increase in Interest on financial liabilities measured at amortized cost, which resulted in total increase in finance cost in FY24.

Info icon

Debt/EBITDA

In  FY24 it is 1.80x and in FY23 was 2.02x, indicating the decreased debt servicing ability of the issuer due to increase in finance cost.

Info icon

Interest coverage ratio

Recent News
News Thumbnail
ReNew to sell 300 MW solar project to India Grid Trust for Rs 1550 crore

Mar 27, 2024 | India Grid Trust

News Thumbnail
IndiGrid plans to raise Rs 1,000 crore for acquisitions, debt rejig

Mar 27, 2024 | India Grid Trust

Related Videos
Video ThumbnailPlay Button
Credit Rating

Discover why credit ratings are the key to unlocking doors in the financial world.

Video ThumbnailPlay Button
Role of Monetary Policy in Debt Markets

Behind the Scenes: The RBI Monetary Policy and How It Shapes the Economy

STEPS TO BUY THIS BOND
Complete KYCe-KYC approval in just 5 minutes!Place your OrderSwipe right to buy this Bond.Transfer funds to ICCLUse Net Banking or visit your nearest branch.SettlementSit back and relax, while we deliver your Security!
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
At MaturityThe Issuer will return your principal and redeem the bond
Sell your bond anytimeYou can sell your bond anytime you want by reaching out to your Relationship Manager.
E-Book
To know more about the Bond and the issuer, download the Information Memorandum.
E-Book
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
₹100.2845
Price
8.1303%
Yield
Header BG
Principal Amount
Accrued Interest from

Enter no. of bonds you want to buy

BOND VALUE DETAILS

Face Value
Market Value
Stamp Duty
Total Investment
similar bonds
Bond Logo
9.75% ECL Finance Limited 30 Apr 2027
30 Apr, 2027
Maturity Date
₹3,00,000
Minimum Qty
INE804I08726
Launch Icon
ISIN
Yearly
IP Frequency
10.587%
Yield
₹98
Price
CAREA+ Stable
Bond Logo
10.65% Sammaan Capital Limited 05 Jun 2027
05 Jun, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE894F08087
Launch Icon
ISIN
Yearly
IP Frequency
12%
Yield
₹96.8046
Price
CAREAA+ Stable
Bond Logo
9.22% 360 One Prime Limited 18 Jul 2025
18 Jul, 2025
Maturity Date
₹3,00,000
Minimum Qty
INE248U07EV0
Launch Icon
ISIN
Yearly
IP Frequency
8.6533%
Yield
₹100.5
Price
ICRAAA Stable
Bond Logo
11.00% IIFL Samasta Finance Limited 18 May 2030
18 May, 2030
Maturity Date
₹5,00,000
Minimum Qty
INE413U08093
Launch Icon
ISIN
Yearly
IP Frequency
10.9749%
Yield
₹100
Price
ACUITEAA
Bond Logo
9.70% Magma HDI General Insurance Company Limited 28 Dec 2033
28 Dec, 2028
Call Date
₹2,00,000
Minimum Qty
INE312X08026
Launch Icon
ISIN
Yearly
IP Frequency
9.6497%
Yield
₹100.0345
Price
CAREAA Stable

Still looking for assistance?