...
Vested > INR Bonds > U P Power Corporation Limited 31 Mar 2028
Bond Logo

U P Power Corporation Limited 31 Mar 2028

U P Power Corporation Limited 31 Mar 2028

ISIN: INE540P07392

Yield

8.80%

Matures in

3y 5m

Min. Investment

₹10,32,540

Interest Payment

Quarterly

-

Know Your Returns

Earn - in - at - p.a

You Invest

-

You Receive

-

Average. Interest Payout

-

Earn - in - at - p.a

Potential Returns

You Invest

₹21,150

Bank FD*

₹22,150

Bond

₹24,150
*FD rate data sourced from State Bank of India.

View cash flow details

You Invest

10 May ‘24

₹21,150

Principal Amount(Last traded price) info-icon
Principal amount is the price at which the bond was last bought or sold in the market.

₹20,150

Accrued Interest info-icon
Accrued interest is the interest that has built up on the bond since the last payment, but hasn’t been paid yet.

₹1,000

Interest Payment (Monthly)

Note: The interest shown is after deducting 10% tds

10 Jun ‘24

₹850

10 Jun ‘24

₹850

10 Nov ‘25

₹850

10 Dec ‘25

₹850

Total Returns on

10 Dec ‘25

₹24,550

Principal Payout info-icon
Principal payout is the amount of money you get back when the bond reaches its maturity date.

₹21,150

Total Interest Earned info-icon
Total interest earned is the total amount of interest you’ve received from the bond over its lifetime.

₹3,400

Ratings

Rated on 11 Oct '23 by IND

Key Metrics

Face Value info-icon
Face value is the nominal amount that will be repaid to the bondholder at maturity. Also referred to as “par value”.
₹10,00,000
Coupon info-icon
Coupon is the fixed interest rate paid annually or semi-annually to bondholders, expressed as a percentage of the face value.
9.7% FIXED
Security info-icon
Security indicates whether the bond is backed by specific assets (secured) or not (unsecured).
SECURED
Seniority info-icon
Seniority is the order of priority in which bondholders are repaid in case of the issuer's bankruptcy, with senior bonds being repaid before junior ones.
SENIOR
Mode of Issue info-icon
Mode of issue refers to the method of issuing bonds, such as through public offerings or private placements.
Private
Tax Status info-icon
Tax status is the tax treatment of bond interest payments, with some bonds offering tax-exempt interest under specific conditions.
Taxable
Information Memorandum View

About U P POWER CORPORATION LIMITED

Established on November 30, 1999, Uttar Pradesh Power Corporation Limited (UPPCL) serves as a crucial entity responsible for the transmission, distribution, and supply of electricity in the state of Uttar Pradesh, with its headquarters situated in Lucknow. Under the leadership of Chairman Arvind Kumar (IAS), UPPCL oversees several affiliated agencies, including Dakshinanchal Vidyut Vitaran Nigam Limited (DVVNL), Madhyanchal Vidyut Vitaran Nigam Limited (MVVNL), Pashchimanchal Vidyut Vitaran Nigam Limited (PVVNL), Purvanchal Vidyut Vitaran Nigam Limited (PUVVNL), and Kanpur Electricity Supply Company (KESCO). The corporation recorded a revenue of 55,327.04 crores in 2019, and in collaboration with Power Finance Corporation, it has established two Special Purpose Vehicles, namely the Bara Thermal Power Project through Prayagraj Power Generation Company Limited and the Karchana Thermal Power Station through Sangam Power Generation Company Limited. As of the fiscal year 2020-21, UPPCL's total annual revenue stands at 67,865 crores, solidifying its position as a significant state government-backed PSU in the power sector.

Our other fixed income products

Vested Edge

Solar

~10-13% returns

Stable asset backed investment

Buy solar panels in rooftop projects. Vested takes care of the installation and maintenance of your panels.

Learn more

FAQs

How to buy U P Power Corporation Limited 31 Mar 2028 bond online?

Investing in U P Power Corporation Limited 31 Mar 2028 bond online is a simple process that can be completed in under 5 minutes. Follow these steps:

  • Login/signup at Vested and navigate to INR Bonds.
  • Complete your KYC by providing the necessary information.
  • Make a payment to receive bond units in your demat account.
What is the yield of U P Power Corporation Limited 31 Mar 2028 bond?

The yield of U P Power Corporation Limited 31 Mar 2028 bond is approximately 8.8%. Yield to Maturity or the IRR of the Bond is the total yield earned if the bond is held to maturity. It includes earning from coupon payments and capital appreciation.

What is the credit rating of U P Power Corporation Limited 31 Mar 2028 bond?

The credit rating of U P Power Corporation Limited 31 Mar 2028 bond indicates the issuer's creditworthiness and ability to meet its financial obligations. This is an independent opinion provided by rating agencies. It indicates the likeliness of a company to default. Rating scale ranges from AAA(being the highest) to D (lowest). A higher rating generally suggests lower risk.

How to redeem U P Power Corporation Limited 31 Mar 2028 bond?

Upon reaching the maturity date, the funds are automatically credited to your linked bank account.

Is U P Power Corporation Limited 31 Mar 2028 bond tax-free?

No, the interest income from U P Power Corporation Limited 31 Mar 2028 bonds is not tax-free. It is categorised as "income from other sources," and the applicable tax will be calculated based on your income tax slab.

How can I sell U P Power Corporation Limited 31 Mar 2028 bond before the maturity date?

To sell U P Power Corporation Limited 31 Mar 2028 bond before its maturity date, please contact us at help-inrbonds@vestedfinance.co. Our dedicated support team will guide you through the process and assist you with selling your bond.

What are the benefits of investing in U P Power Corporation Limited 31 Mar 2028 bond?

Bond investments offer the below compelling benefits, making them a valuable addition to an investment portfolio.

  • Principal Protection: Bonds ensure your initial investment remains safe, and you receive fixed annual returns based on the coupon rate, making them a secure place to park extra income.
  • Stable Returns: Bonds provide a stable and predictable source of income, which is beneficial for those seeking regular earnings during career breaks or financial instability.
  • Predictable Growth: Unlike stocks, bonds offer steady financial growth without the volatility associated with market fluctuations. You can plan and achieve specific financial goals based on the known returns.
  • Safety and Performance: Bonds are generally safer than equity investments and can outperform certain debt mutual funds. In times of crisis, bondholders are prioritized for repayment, enhancing their security.
  • Tax Efficiency: Bonds often offer tax advantages over debt mutual funds, and their fixed returns till maturity are backed by regulations and law, providing a reliable income stream.
What are the risks associated with investing in U P Power Corporation Limited 31 Mar 2028 bond?

Bonds are usually low-risk, similar to Fixed Deposits. But it's good to know about the risks involved:

  • Default Risk: This happens when the bond issuer can't repay the principal or interest. It could mean losses for us as investors.
  • Liquidity Risk: Selling bonds before maturity might be tough if no buyers are there. We might have to sell at a discount, leading to potential losses.
  • Interest-Rate Risk: Bond prices can change with interest rates. If rates go up, the bond value may decrease, and we might face losses if sold early. On the flip side, falling rates can mean higher bond prices and potential gains if sold at a premium to the purchase price.
close
Scroll to Top