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Instrument Details

ISIN: INE539K07197

Face value

₹10,00,000

Coupon rate

3M TBILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

300

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

25 Nov 2021

Maturity Date

25 Nov 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (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

HDFC CREDILA FINANCIAL SERVICES LIMITED BR NCD 25NV24 FVRS10LAC
Hdfc Credila Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE539K07197, with a face value of ₹10,00,000 rs on 25Nov21 to raise 300 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED 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 3M TBILL LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 25/11/2024.. 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 29Nov21. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 15Nov21. This issuer is formerly known as HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED, CREDILA FINANCIAL SERVICES PRIVATE 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
AA
High Safety
AA+
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Date Verified
01 Apr 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3M TBILL LINKED

Returns

Linked to Markets

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE539K07197 issued by Hdfc Credila Financial Services Limited

The instrument name of INE539K07197 ISIN is HDFC CREDILA FINANCIAL SERVICES LIMITED BR NCD 25NV24 FVRS10LAC.
The interest earned from INE539K07197 bond issued by Hdfc Credila Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE539K07197 bond issued by Hdfc Credila Financial Services Limited has been assigned a credit rating of AA+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE539K07197 bond issued by Hdfc Credila Financial Services Limited is 3M TBILL LINKED.
The INE539K07197 Debenture is issued by Hdfc Credila Financial Services Limited, a Private Sector company.
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