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Instrument Details

ISIN: INE860H07HT6

Face value

₹10,00,000

Coupon rate

10YR GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

45.1

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

04 May 2022

Maturity Date

05 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AAA (INDIA 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

ADITYA BIRLA FINANCE LIMITED SR B1 BR NCD 03MY24 FVRS10LAC
Aditya Birla Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE860H07HT6, with a face value of ₹10,00,000 rs on 04May22 to raise 45.1 crores. The debt instrument is issued with a coupon rate of 10YR GSEC LINKED and its interest is paid on Maturity. 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 10YR GSEC LINKED SECURED LISTED RATED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE. SERIES PPMLD B1 FY 2022-23 DATE OF MATURITY 03/05/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06May22. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD AAA rating to this Debenture on 04Apr22. This issuer is formerly known as BIRLA GLOBAL FINANCE COMPANY LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
PP-MLD AAA
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Date Verified
17 Jul 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10YR GSEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Veraval
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rated ★ 4.3+ on

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FAQs about INE860H07HT6 issued by Aditya Birla Finance Limited

The instrument name of INE860H07HT6 ISIN is ADITYA BIRLA FINANCE LIMITED SR B1 BR NCD 03MY24 FVRS10LAC.
The interest earned from the INE860H07HT6 bond issued by Aditya Birla Finance Limited is paid at the time of maturity
This INE860H07HT6 bond issued by Aditya Birla Finance Limited has been assigned a credit rating of PP-MLD AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE860H07HT6 bond issued by Aditya Birla Finance Limited is 10YR GSEC LINKED.
The INE860H07HT6 Debenture is issued by Aditya Birla Finance Limited, a Private Sector company.
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