Security Name: 9.30% Damodar Valley Corporation 30 Mar 2027
ISIN:
INE753F07038
Taxable
Tax Category
30 Mar, 2027
Maturity Date
(1 Yr 10 Mo 11 D to mature)
Half Yearly
Interest Payment Frequency
No
NRI Eligibility
30 Mar, 2012
Allotment Date
NA
Put Date
30 Mar, 2024
Next Interest Payment Date
30 days
Shut Period
Both
Active on NSDL/CDSL
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
9.3%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
29 Feb, 2024
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
Damodar Valley Corporation
DVC, a multipurpose river valley project, was set up as a statutory corporation under a Special Act of Parliament, Damodar Valley Corporation Act, 1948. The GoI, GoWB and GoB jointly contributed to the capital of DVC. The functions of DVC are power generation, distribution and transmission, flood control, irrigation, water supply, drainage, eco-conservation and afforestation, and social and economic upliftment of the Damodar Valley region.
The ratio in FY23 is 4.38x and it was 4.45x in FY22, indicating decrease in debt levels, due to decrease in borrowings.
Debt/EBITDA
The ratio in FY23 is 1.30x and it was 1.27x in FY22 , indicating increase in issuers debt servicing ability, due to decrease in finance costs.
Interest coverage ratio
Recent News
Damodar Valley Corporation hopes uniform tariff for consumers to be solution for unique its problem
Apr 04, 2024 | Damodar Valley Corporation
REC Limited and Damodar Valley Corporation sign agreements
Apr 04, 2024 | Damodar Valley Corporation
Damodar Valley Corporation Invites Bids for 234MW Floating Solar Projects in Jharkhand
Dec 03, 2024 | Damodar Valley Corporation
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
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To know more about the Bond and the issuer, send a request for the Information Memorandum. You will receive an email shortly.
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 INE753F07038 |
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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 |
|---|
| 9.30% Damodar Valley Corporation 30 Mar 2027 |
| Credit Rating |
|---|
| AAA (CE) Stable by CARE AAA (CE) / Stable by IND |
| Coupon Frequency |
|---|
| Half Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 9.300000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 30/03/2027 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
|---|
| ₹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.
