Instrument Details

ISIN: INE377Y08050

Face value

₹10,00,000

Coupon rate

8%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

750

Instrument Type

Debenture

Returns

Medium

Date of Issue

31 Jan 2020

Maturity Date

02 Jul 2035

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

BAJAJ HOUSING FINANCE LIMITED 8 NCD 07FB35 PPRS420000
Bajaj Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE377Y08050, with a face value of ₹10,00,000 rs on 31Jan20 to raise 750 crores. The debt instrument is issued with a coupon rate of 8% 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 Unsecured Debenture is 8% PARTLY PAID UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 07/02/2035. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 07Jan20. This issuer is formerly known as BAJAJ FINACIAL SOLUTIONS 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
AAA
Highest Safety
AAA
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Date Verified
01 Feb 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Unsecured
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
31-Jan-20 : Your investment
₹80,00,000
31-Jan-21 : Interest
₹80,00,000
31-Jan-22 : Interest
₹80,00,000
31-Jan-23 : Interest
₹80,00,000
31-Jan-24 : Interest
₹80,00,000
31-Jan-25 : Interest
₹80,00,000
31-Jan-26 : Interest
₹80,00,000
31-Jan-27 : Interest
₹80,00,000
31-Jan-28 : Interest
₹80,00,000
31-Jan-29 : Interest
₹80,00,000
31-Jan-30 : Interest
₹80,00,000
31-Jan-31 : Interest
₹80,00,000
31-Jan-32 : Interest
₹80,00,000
31-Jan-33 : Interest
₹80,00,000
31-Jan-34 : Interest
₹80,00,000
31-Jan-35 : Interest
₹22,00,00,000
02-Jul-35 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹12,00,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE377Y08050 issued by Bajaj Housing Finance Limited

The instrument name of INE377Y08050 ISIN is BAJAJ HOUSING FINANCE LIMITED 8 NCD 07FB35 PPRS420000.
The interest earned from INE377Y08050 bond issued by Bajaj Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE377Y08050 bond issued by Bajaj Housing Finance Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8%, which determines the periodic interest payments made to bondholders.
The INE377Y08050 Debenture is issued by Bajaj Housing Finance Limited, a Private Sector company.