Technical Profile

MAGMA GENERAL INSURANCE LIMITED

9.70% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 20/03/2034

INE312X08034 Active

Essentials

Coupon Rate

9.70%

Rating

Interest Frequency

Once a year-

Maturity

7 years 7 months20 March 2034

Face Value

₹1,00,000

Coupon Type

Simple

Issue Details

Issue Size

₹75 Cr

Issue Price

₹1,00,000

Security Class

Debentures

Listing

Listed

Mode

Private Placement

Registrar

NICHE TECHNOLOGIES

Ownership

Non PSU

Date of Allotment

20 Mar 2024

Yield Intensity

Last 50 institutional transactions

Current LTY

Risk Profile

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies.

Credit Rating Analysis

Current Rating

Active

Rating Agency

CARE RATINGS LIMITED

Evaluation Date

21-02-2024

Verified

Terminal-Grade Data Institutional Source

Return Calculator

Estimate your coupon income — adjust the amount below

You invest

₹5,00,000

5 bonds × ₹1,00,000 face value

Number of bonds

bonds

Hold until7y 8m left

Defaults to maturity (Mar 2034). Pick an earlier date to model an exit.

Coupon 9.70%Yield (LTY) 9.60%

You could earn about ₹48,500 per year in interest.

Annual interest income₹48,500

Total interest (7y 8m)₹3,70,605

Value at maturity

₹8,70,605

Principal returned + interest earned

Simple-interest estimate assuming coupons are paid out (not reinvested) and principal is redeemed at face value on maturity. Actual returns depend on your purchase price, accrued interest, reinvestment and taxes. Not investment advice.

Repayment Priority

Higher level indicates higher priority of investment repayment.

Senior Secured

Collateral Security

Assets pledged to protect capital in extreme default events.

Secured Asset

Guarantee Type

Third-party guarantee if the primary issuer defaults.

Guaranteed

MAGMA GENERAL INSURANCE LIMITED

What is my risk?

More from this issuer