Instrument Details

ISIN: INE756I07EG8

Face value

₹10,00,000

Coupon rate

7.70%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

125

Instrument Type

Debenture

Returns

Medium

Date of Issue

07 Jul 2022

Maturity Date

08 Nov 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL 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

HDB FINANCIAL SERVICES LIMITED SR A/1(FX)181 OPT 2 7.7 NCD 11AG25 FVRS10LAC
Hdb Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE756I07EG8, with a face value of ₹10,00,000 rs on 07Jul22 to raise 125 crores. The debt instrument is issued with a coupon rate of 7.70% 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 Secured Debenture is 7.7000% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 2022 A/1(FX)/181_OPTION 2. DATE OF MATURITY 11/08/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 11Jul22. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 29Jun22. 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
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Date Verified
08 Jul 2022
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Outlook
Stable
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
07-Jul-22 : Your investment
₹77,00,000
07-Jul-23 : Interest
₹77,00,000
07-Jul-24 : Interest
₹77,00,000
07-Jul-25 : Interest
₹12,31,00,000
08-Nov-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,31,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.70%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE756I07EG8 issued by Hdb Financial Services Limited

The instrument name of INE756I07EG8 ISIN is HDB FINANCIAL SERVICES LIMITED SR A/1(FX)181 OPT 2 7.7 NCD 11AG25 FVRS10LAC.
The interest earned from INE756I07EG8 bond issued by Hdb Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE756I07EG8 bond issued by Hdb Financial Services Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.7%, which determines the periodic interest payments made to bondholders.
The INE756I07EG8 Debenture is issued by Hdb Financial Services Limited, a Private Sector company.