Deepak Fasteners Limited 14.25% 2028 Bond

ISININE148L07047

DEEPAK FASTENERS LIMITED 14.25 NCD 30SP28 FVRS10LAC

Deepak Fasteners Limited is a corporate (non-PSU) issuer in the Engineering & Construction products sector. This directory lists 1 of its bond.

Key terms

Issue date
27 Nov 2024
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (non-EBP)
Sector
Engineering & Construction products
Issuer type
Corporate

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings BBB- / StableCARE BBB- / Stable

BBB-most conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

BBB is the lowest investment-grade tier. Repayment capacity is judged moderate: currently sufficient, but more likely to weaken if business conditions deteriorate. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND BBB-/Stable;CARE BBB-/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 15.22% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

47 scheduled payments through 30 Sept 2028; final payment ₹10,11,875 per bond.

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