Instrument Details

ISIN: INE538L07122

Face value

₹10,00,000

Coupon rate

9.70%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

04 Nov 2015

Maturity Date

11 Apr 2022

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

AADHAR HOUSING FINANCE LIMITED SR-XI 9.7 NCD 04NV22 FVRS10LAC
Aadhar Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE538L07122, with a face value of ₹10,00,000 rs on 04Nov15 to raise 20 crores. The debt instrument is issued with a coupon rate of 9.70% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 9.70% SECURED REDEEMABLE NON CONVERTIBLE DUAL RATED DEBENTURES. SERIES XI. DATE OF MATURITY 04/11/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 18Nov15. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 04Nov15. This issuer is formerly known as DHFL VYSYA HOUSING FINANCE LIMITED, VYSYA BANK HOUSING FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
04-Nov-15 : Your investment
₹97,00,000
04-Nov-16 : Interest
₹97,00,000
04-Nov-17 : Interest
₹97,00,000
04-Nov-18 : Interest
₹97,00,000
04-Nov-19 : Interest
₹97,00,000
04-Nov-20 : Interest
₹97,00,000
04-Nov-21 : Interest
₹15,82,00,000
11-Apr-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,82,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.70%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE538L07122 issued by Aadhar Housing Finance Limited

The instrument name of INE538L07122 ISIN is AADHAR HOUSING FINANCE LIMITED SR-XI 9.7 NCD 04NV22 FVRS10LAC.
The interest earned from INE538L07122 bond issued by Aadhar Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE538L07122 bond issued by Aadhar Housing Finance Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.7%, which determines the periodic interest payments made to bondholders.
The INE538L07122 Debenture is issued by Aadhar Housing Finance Limited, a Private Sector company.