Security Name: 8.55% Godrej Properties Limited 26 Jul 2029
ISIN: INE484J08071
Taxable
Tax Category
26 Jul, 2029
Maturity Date
(3 Yr 7 Mo 15 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
26 Jul, 2024
Allotment Date
NA
Put Date
26 Jul, 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
₹NaN
Dirty Price
8.55%
Coupon
Fixed Interest
Coupon Basis
8.2748%
Current Yield
11 Jul, 2026
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
Godrej Properties Limited
Established in 1990, Godrej Properties is the first real estate company to have ISO certification. GPL is the real estate arm of the Godrej group and was incorporated as Sea Breeze Constructions and Investments Pvt Ltd on February 8, 1985, by Mr Mohan Khubchand Thakur and Ms Desiree Mohan Thakur. In 1987, it became a part of the Godrej group and in 1989, it became a subsidiary of Godrej Industries Ltd ,which holds 47.34% of the company’s equity shares as on March 31, 2024. The company currently operates in 11 cities and focuses on residential, commercial, and township development.
The ratio in FY25 is 6.41x and it was 9.02x in FY24, indicating decrease in the debt level due to record booking value of ₹29,444 crore in FY25, up 31% YoY, driven by the sale of 15,302 homes spanning 25.73 million sq. ft., reflecting 29% volume growth.
Debt/EBITDA
The ratio in FY25 is 3.24x and it was 2.88x in FY24, indicating increase in debt servicing ability due to strong execution enabled timely project completion and occupancy certificates, boosting revenue recognition and profitability.
Interest coverage ratio
Recent News
Godrej Properties plans to raise ₹4,000 crore via QIP
Nov 27, 2024 | Godrej Properties Limited
Godrej Properties acquires 24-acre land in Indore to develop plots
Jan 10, 2025 | Godrej Properties Limited
Godrej Properties Delivers Record Profit and Robust Growth in Q1FY26
Aug 04, 2025 | Godrej Properties 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
Face Value
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Stamp Duty
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Total Investment
| Cashflow for INE484J08071 |
|---|
| 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). |
|---|
| Security Name |
|---|
| 8.55% Godrej Properties Limited 26 Jul 2029 |
| Credit Rating |
|---|
| AA + /Stable by ICRA AA + /Stable by IND |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.550000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 26/07/2029 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Dec 10,2025 |
| Principal Amount |
|---|
| ₹1,03,325.6 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,03,325.6 |
| Price |
|---|
| ₹103.3256 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
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.
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