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Instrument Details

ISIN: INE121A07PD5

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Low

Date of Issue

14 Jan 2020

Maturity Date

13 Jan 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD SERIES 579 NCD 13JN23 FVRS10LAC
Cholamandalam Investment And Fin. Co. Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121A07PD5, with a face value of ₹10,00,000 rs on 14Jan20 to raise 50 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 579 DATE OF MATURITY : 13/01/2023. 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 03Feb20 & on NSE stock exchange on 03Feb20. ICRA LIMITED has given AA+ rating to this Debenture on 10Mar23. This issuer is formerly known as CHOLAMANDALAM DBS 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
AA
High Safety
AA+
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Date Verified
13 Mar 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE121A07PD5 issued by Cholamandalam Investment And Fin. Co. Ltd

The instrument name of INE121A07PD5 ISIN is CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD SERIES 579 NCD 13JN23 FVRS10LAC.
Never, as INE121A07PD5 bond issued by Cholamandalam Investment And Fin. Co. Ltd is a Zero-coupon bond.
This INE121A07PD5 bond issued by Cholamandalam Investment And Fin. Co. Ltd has been assigned a credit rating of AA+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE121A07PD5 bond issued by Cholamandalam Investment And Fin. Co. Ltd is 0%.
The INE121A07PD5 Debenture is issued by Cholamandalam Investment And Fin. Co. Ltd, a Private Sector company.