Astec Lifesciences Ltd

Fertilizers

corporate

Tenure
9M
About Issuer
This AA- rated bond from Astec Lifesciences Ltd, a corporate, offers a Fixed coupon of 8.9% with maturity on 25 March 2027. Issued through the Private placement as under ISIN INE563J08023, 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.
Summary
Interest
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
8.90%
FACE VALUE
₹1,00,000
MATURITY DATE
25 Mar 2027
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Tax Free
TRUSTEE
-
ISIN
INE563J08023
Credit rating
Rating
[ICRA]AA-
Rating Agency
ICRA
Date of Rating
24 Mar 2026
Other details
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