Sterlite Grid 29 Limited
Credit Rating
Not Available
Face Value
₹10
YTM
12.30%
Coupon Rate
Not Available
Taxability
Taxable
Issue Size
112.38Cr
Wint Wealth curatedExplore Bonds that are curated by experts
Earn 9-11% fixed returns with corporate bonds handpicked by experts at Wint Wealth.
Bond Key Highlights
Allotment Date
03 Apr 2021
Maturity Date
05 Apr 2026
Interest repayment frequency
Not Available
Issuer ownership
Non PSU
Seniority in repayment
Subordinate Tier 1
Other ratings
Not Available
This bond isn't curated by Wint Wealth: Explore our carefully curated corporate bonds by clicking here.
How to know if a bond is right for you?
Evaluate a bond using the P3L2R framework designed by experts at Wint Wealth with these factors:
Promoters/Equity Investors
Presence of institutional investor
Portfolio Quality (GNPA)
Less than 5% GNPA
Profitability
Company should have reported profit for latest financial year
Leverage
Leverage should be less than 5x
Lenders
Diversified lender base
Rating
No downgrade in rating in last 12 months
Why Wint Wealth?
50k+ Investors trust Wint Wealth
1000cr+ bonds sold out at Wint Wealth
Bonds by Wint Wealth
Similar bonds
Other bonds by Sterlite Grid 29 Limited
Coupon Rate
RESET RATE. NO INTEREST SHALL ACCRUE SR A CCD FOR A PERIOD OF 5 YRS FROM DT. OF ISSUANCE. AFTER EXPRY OF PERIOD, EACH SR A CCD SHALL CARRY INT. RATE P.A TO BE DETERMINED ON BASIS OF A TRANSFER PRICING%
Maturity
06 Mar 2032
Coupon Rate
RESET RATE -NO INTEREST SHALL ACCRUE SR B CCD FOR A PERIOD OF 5 YRS FROM DT. OF ISSUANCE. AFTER EXPRY OF PERIOD, EACH SR B CCD SHALL CARRY INT. RATE P.A TO BE DETERMINED ON BASIS OF A TRANSFER PRICING%
Maturity
06 Mar 2032
Coupon Rate
RESET RATE - NO INTEREST SHALL ACCRUE ON THE SERIES A CCDS FOR A PERIOD OF 5(FIVE) YEARS FROM THE DATE OF ISSUANCE OF RELEVANT SERIES A CCD AFTER THE EXPIRY OF THE PERIOD SET OUT IN PARAGRAPH , EACH%
Maturity
23 Aug 2032
Coupon Rate
RESET RATE - NO INTEREST SHALL ACCRUE ON THE SERIES A CCDS FOR A PERIOD OF 5(FIVE) YEARS FROM THE DATE OF ISSUANCE OF RELEVANT SERIES A CCD AFTER THE EXPIRY OF THE PERIOD SET OUT IN PARAGRAPH , EACH%
Maturity
23 Aug 2032
