The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE535H08579

Face value

₹5,00,000

Coupon rate

10.5% (ANNUALLY)

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Oct 2013

Maturity Date

27 Oct 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

FULLERTON INDIA CREDIT COMPANY LTD 10.5 NCD 27OT23 FVRS5LAC LOA UPTO 04DC13
Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H08579, with a face value of ₹5,00,000 rs on 28Oct13 to raise 50 crores. The debt instrument is issued with a coupon rate of 10.5% (ANNUALLY) 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 10.50% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 27/10/2023. This instrument is issued in Bonus mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 07Nov13 & on BSE stock exchange on 07Nov13. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 24Nov15. This issuer is formerly known as FIRST INDIA CREDIT CORPORATION LTD, DOVE 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
AAA
Highest Safety
AAA
check
Date Verified
10 Apr 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

10.5% (ANNUALLY)

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Fully 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
wm-logo

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

4.3

Rating

rating

Rated ★ 4.3+ on

playstoreappstore

Download the App

appstore
playstore
wm-qr

FAQs about INE535H08579 issued by Fullerton India Credit Company Ltd

The instrument name of INE535H08579 ISIN is FULLERTON INDIA CREDIT COMPANY LTD 10.5 NCD 27OT23 FVRS5LAC LOA UPTO 04DC13.
The interest earned from INE535H08579 bond issued by Fullerton India Credit Company Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE535H08579 bond issued by Fullerton India Credit Company Ltd has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE535H08579 bond issued by Fullerton India Credit Company Ltd is 10.5% (ANNUALLY).
The INE535H08579 Debenture is issued by Fullerton India Credit Company Ltd, a Private Sector company.
qr

Track all your investments in one place

Download Wealth Monitor App

cross
wm logo

Track and monitor all
your investments