Security Name: 8.55% Aditya Birla Real Estate Limited 30 Aug 2029
ISIN:
INE055A08060
Taxable
Tax Category
30 Aug, 2029
Maturity Date
(4 Yr 1 Mo 28 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
30 Aug, 2024
Allotment Date
NA
Put Date
30 Aug, 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
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
8.55%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
15 Aug, 2025
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
Aditya Birla Real Estate Limited
Incorporated in 1897, Century was promoted by Mr BK Birla and remains the flagship company of the BK Birla group. Mr Kumar Mangalam Birla was appointed as Chairman of the company effective July 20, 2019, following the demise of Mr BK Birla. Century operated a cotton textile mill until 1951. Since then, it has progressively expanded into diverse fields by setting up manufacturing units in rayon, cement and pulp and paper segments. The company also ventured into the real estate business. It manufactures a variety of paper products (including multi-layer packaging board and tissue paper) with a total installed capacity of 4.86 lakh tonne per annum. In fiscal 2018, the company incorporated a wholly owned subsidiary, BEPL, to focus on the residential real estate business.
The ratio in FY24 is 1.52x and it was 1.03x in FY23, indicating increase in the debt level due to increase in the borrowings as well as dip in the profitability of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 7.07x and it was 9.89x in FY23, indicating decrease in the debt servicing ability of the issuer due to increase in the Interest on debts and borrowings which resulted in overall increase in the finance cost in FY24.
Interest coverage ratio
Recent News
Century Textiles buys 10-acre land in Mumbai from Nusli Wadia for ₹1100 crore for real estate development
Sep 20, 2024 | Aditya Birla Real Estate Limited
Century Textiles & Industries swings to Q1 profit of Rs 17.35 cr, sales up 28% YoY
Sep 11, 2024 | Aditya Birla Real Estate Limited
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PAN Card
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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 INE055A08060 |
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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 |
|---|
| 8.55% Aditya Birla Real Estate Limited 30 Aug 2029 |
| Credit Rating |
|---|
| AA Stable by CARE AA Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.550000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
|---|
| 30/08/2029 |
| Security |
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| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹0 |
| 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.
