7.90% NATIONAL HIGHWAYS INFRA TRUST 25/Oct/2035

Information Memorandum (I.M.)
INE0H7R07017
*(Eligible Investors - Individual,HUF,Corporate,Trust,Minor ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
INDIA Ratings AAA - -

Issuer's Type

PSU

About Issuer :

The National Highways and Infrastructure Development Corporation Limited (NHIDCL) is a fully owned company of the Government of India, set up in 2014 and is responsible for management of a network of over 5,500 km of National Highways out of 1,15,000 km in India. It is a nodal agency of the Ministry of Road Transport and Highways. Chanchal Kumar (IAS) is the present Managing Director of NHIDCL since 31 January 2022

Issuer's Link

https://nhidcl.com/

Issuer's Financial Link

https://nhidcl.com/wp-content/uploads/2021/11/MGT-9pdf.pdf

A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Face Value

300.00

Coupon Rate

7.9000% (Fix)

Issue Date

25/Oct/2022

Maturity Date

25/Oct/2035

Remaining Period

11y 0m 4d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Semi-Annual

Issue Size (in Crores)

450.00

Max. Available Quantity

10000

TDS on Interest

No

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Senior Secured