Royal Sundaram General Insurance Company Limited - INE499S08021

Insurance and Reinsurance

corporate

Coupon Rate
10.50%
Maturity Date
27 Mar 2027
ISIN
INE499S08021copy
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Royal Sundaram General Insurance Company Limited, a corporate, offers a Fixed coupon of 10.5% with maturity on 27 March 2027. Issued through the Private placement as under ISIN INE499S08021, 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
[ICRA]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
27 Mar 2017
Remaining Tenure
20M
Security Name
Royal Sundaram General Insurance, 10.5% 27mar2027, INR (NCD 2)
Risk Assessment
Credit Rating
Rating
[ICRA]AA+ (Stable)
Date of Rating
17 Dec 2021
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