Grasim Industries Limited - INE047A08182

Building Materials

corporate

Coupon Rate
6.99%
Maturity Date
04 Apr 2031
ISIN
INE047A08182copy
Face Value
₹10,00,000
About Issue
This AAA rated bond from Grasim Industries Limited, a corporate, offers a Fixed coupon of 6.99% with maturity on 04 April 2031. Issued through the Private placement as under ISIN INE047A08182, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
[ICRA]AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
05 Apr 2021
Remaining Tenure
5Y 9M
Security Name
GRASIM INDUSTRIES LTD 6.99 NCD 04AP31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
17 May 2023
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