Security Name: 9.53% IL and FS Energy Development Company Limited 28 Aug 2026
ISIN: INE938L08098
Taxable
Tax Category
28 Aug, 2026
Maturity Date
(11 Mo 14 D to mature)
Quarterly
Interest Payment Frequency
No
NRI Eligibility
28 May, 2018
Allotment Date
NA
Put Date
28 Feb, 2024
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
Private Corporate / Private Banks
Type of Issuer
Quote Not Available
Dirty Price
9.53%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
13 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
IL and FS Energy Development Company Limited
In 2008, when India was going through an acute countrywide power shortage, IL&FS Energy Development Company Limited (IEDCL) was set up to develop, own and operate power generation and transmission assets across the country. The Infrastructure Leasing & Financial Services (IL&FS) Group had been providing project advisory to half a dozen state governments in the power sector since 2003. Backed by the group’s vision and expertise, we have, over the last decade, implemented projects of national significance, with a particular focus on sustainability and renewable energy.
The ratio in FY23 is 170.18x and it was 86.41x in FY22, indicating increase in debt level due to increase in borrowings.
Debt/EBITDA
The ratio in FY23 is 202.77x and it was 578.27x in FY22, indicating decreased debt servicing ability of the issuer due to increase in finance cost.
Interest coverage ratio
Recent News
Adani Power, Jindal Group companies, Vedanta in race for IL&FS Tamil Nadu Power
Apr 05, 2024 | IL and FS Energy Development Company Limited
IL&FS sells two energy arms for Rs 77.5 crore
Apr 05, 2024 | IL and FS Energy Development Company Limited
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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 INE938L08098 |
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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 |
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| 9.53% IL and FS Energy Development Company Limited 28 Aug 2026 |
| Credit Rating |
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| D by CARE |
| Coupon Frequency |
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| Quarterly |
| Face Value |
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| ₹10,00,000 |
| Coupon |
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| 9.530000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 28/08/2026 |
| Security |
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| Senior Unsecured |
| No. of Bonds |
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| 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.
