Birla Corporation Limited - INE340A07092

Building Materials

corporate

Coupon Rate
9.25%
Maturity Date
14 Sep 2026
ISIN
INE340A07092copy
Face Value
₹7,00,000
About Issue
This AA rated bond from Birla Corporation Limited, a corporate, offers a Fixed coupon of 9.25% with maturity on 14 September 2026. Issued through the Private placement as under ISIN INE340A07092, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CARE AA (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
14 Sep 2016
Remaining Tenure
14M
Security Name
BIRLA CORPORATION LIMITED SR-VII 9.25 LOA 14SP26 FVRS7LAC
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
04 Jun 2024
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