Instrument Details

ISIN: INE614X07290

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

1.0362

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Sep 2019

Maturity Date

09 Jun 2024

Perpetual

Yes

Listing Status

Listed

Rating status

BB+ (CARE 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

DHANI LOANS AND SERVICES LIMITED SR IX CTG I-IV LOA 06SP24 FVRS1000
Dhani Loans And Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE614X07290, with a face value of ₹1,000 rs on 06Sep19 to raise 1.0362 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 SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES IX CATEGORY I-IV. DATE OF MATURITY: 06/09/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 11Sep19 & on BSE stock exchange on 11Sep19. CARE RATINGS LIMITED has given BB+ rating to this Debenture on 06Sep19. This issuer is formerly known as INDIABULLS CONSUMER FINANCE LIMITED, IVL FINANCE LIMITED, SHIVSHAKTI FINANCIAL SERVICES 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
BB
Moderate Risk
BB+
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Date Verified
03 May 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

Linked to Markets

Bond Rating

BB+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE614X07290 issued by Dhani Loans And Services Limited

The instrument name of INE614X07290 ISIN is DHANI LOANS AND SERVICES LIMITED SR IX CTG I-IV LOA 06SP24 FVRS1000.
Never, as INE614X07290 bond issued by Dhani Loans And Services Limited is a Zero-coupon bond.
This INE614X07290 bond issued by Dhani Loans And Services Limited has been assigned a credit rating of BB+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE614X07290 bond issued by Dhani Loans And Services Limited is 0%.
The INE614X07290 Debenture is issued by Dhani Loans And Services Limited, a Private Sector company.