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Instrument Details

ISIN: INE614X07415

Face value

₹1,000

Coupon rate

0%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

1.1967

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

17 May 2022

Maturity Date

17 May 2024

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

None

Guarantee Type

Non Convertible

About this Bond

DHANI LOANS AND SERVICES LIMITED SR III NCD 17MY24 FVRS1000
Dhani Loans And Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE614X07415, with a face value of ₹1,000 rs on 17May22 to raise 1.1967 crores. The debt instrument is issued with a coupon rate of 0% 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES III. DATE OF MATURITY 17/05/2024.. 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 19May22. 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
13 Dec 2022
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Outlook
No Outlook
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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

A

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 INE614X07415 issued by Dhani Loans And Services Limited

The instrument name of INE614X07415 ISIN is DHANI LOANS AND SERVICES LIMITED SR III NCD 17MY24 FVRS1000.
The interest earned from the INE614X07415 bond issued by Dhani Loans And Services Limited is paid at the time of maturity
This INE614X07415 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.
The coupon rate of INE614X07415 bond issued by Dhani Loans And Services Limited is 0%.
The INE614X07415 Debenture is issued by Dhani Loans And Services Limited, a Private Sector company.
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