Instrument Details

ISIN: INE614X07381

Face value

₹1,000

Coupon rate

10.49%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

25.6028

Instrument Type

Debenture

Returns

High

Date of Issue

02 Feb 2022

Maturity Date

31 Jan 2025

Perpetual

Yes

Listing Status

Listed

Rating status

A (Infomerics 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

DHANI LOANS AND SERVICES LIMITED SR VII 10.49 LOA 31JN25 FVRS1000
Dhani Loans And Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE614X07381, with a face value of ₹1,000 rs on 02Feb22 to raise 25.6028 crores. The debt instrument is issued with a coupon rate of 10.49% and its interest is paid Monthly. 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 10.49% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES VII. DATE OF MATURITY 31/01/2025. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 04Feb22. Infomerics Valuation and Rating Pvt. Ltd has given A rating to this Debenture on 09Dec22. 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
A
Adequate Safety
A
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Date Verified
-
check
Outlook
No Outlook
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
02-Feb-22 : Your investment
₹874
02-Mar-22 : Interest
₹874
02-Apr-22 : Interest
₹874
02-May-22 : Interest
₹874
02-Jun-22 : Interest
₹874
02-Jul-22 : Interest
₹874
02-Aug-22 : Interest
₹874
02-Sep-22 : Interest
₹874
02-Oct-22 : Interest
₹874
02-Nov-22 : Interest
₹874
02-Dec-22 : Interest
₹874
02-Jan-23 : Interest
₹874
02-Feb-23 : Interest
₹874
02-Mar-23 : Interest
₹874
02-Apr-23 : Interest
₹874
02-May-23 : Interest
₹874
02-Jun-23 : Interest
₹874
02-Jul-23 : Interest
₹874
02-Aug-23 : Interest
₹874
02-Sep-23 : Interest
₹874
02-Oct-23 : Interest
₹874
02-Nov-23 : Interest
₹874
02-Dec-23 : Interest
₹874
02-Jan-24 : Interest
₹874
02-Feb-24 : Interest
₹874
02-Mar-24 : Interest
₹874
02-Apr-24 : Interest
₹874
02-May-24 : Interest
₹874
02-Jun-24 : Interest
₹874
02-Jul-24 : Interest
₹874
02-Aug-24 : Interest
₹874
02-Sep-24 : Interest
₹874
02-Oct-24 : Interest
₹874
02-Nov-24 : Interest
₹874
02-Dec-24 : Interest
₹874
02-Jan-25 : Interest
₹480
31-Jan-25 : Interest
₹1,31,076
31-Jan-25 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹31,076)

Summary

Instrument Attributes

Value

Coupon Rate

10.49%

Returns

High

Bond Rating

A

Seniority in Repayment

Senior

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 INE614X07381 issued by Dhani Loans And Services Limited

The instrument name of INE614X07381 ISIN is DHANI LOANS AND SERVICES LIMITED SR VII 10.49 LOA 31JN25 FVRS1000.
The interest earned from INE614X07381 bond issued by Dhani Loans And Services Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE614X07381 bond issued by Dhani Loans And Services Limited has been assigned a credit rating of A by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.49%, which determines the periodic interest payments made to bondholders.
The INE614X07381 Debenture is issued by Dhani Loans And Services Limited, a Private Sector company.