8.35%National Insurance Company Limited 26 Mar 2027
ISIN:
INE168X08014
Taxable
Tax Category
26 Mar, 2027
Maturity Date
(2 Yr 5 Mo 14 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
27 Mar, 2017
Allotment Date
NA
Put Date
27 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
National Insurance Company Limited
National Insurance Company Limited is India’s oldest general insurance company. It was incorporated in Kolkata, West Bengal on December 5, 1906. After the passing of the General Insurance Business Nationalization Act in 1972, it was merged along with 21 foreign and 11 Indian companies to form National Insurance Company Limited, one of the four subsidiaries of General Insurance Corporation of India (GIC), fully owned by the GoI.
The ratio in FY23 is -0.24x and it was -0.56x in FY22, indicating high debt levels, majorly due to huge losses.
Debt/EBITDA
The ratio in FY23 is -50.73x and it was -21.41x in FY22 indicating weakened debt servicing ability of the issuer, majorly due to huge losses.
Interest coverage ratio
Recent News
Finance Ministry To Take A Call On Rs 3,000 Crore Fund Infusion Based On Performance Of PSU General Insurers
Jun 01, 2023 | National Insurance Company Limited
National Insurance Company to Compensate for Earthquake Damages, Awards Rs. 6 Lakhs Compensation
Apr 02, 2024 | National Insurance Company Limited
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Demat Account Proof
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To know more about the Bond and the issuer, download the Information Memorandum.
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