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Instrument Details

ISIN: INE539K08179

Face value

₹10,00,000

Coupon rate

RESET RATE (REFER REMARKS)

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

08 Dec 2017

Maturity Date

31 Dec 9999

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CARE Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Perpetual

Guarantee Type

Non Convertible

About this Bond

HDFC CREDILA FINANCIAL SERVICES LIMITED RR NCD PERPETUAL FVRS10LAC
Hdfc Credila Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE539K08179, with a face value of ₹10,00,000 rs on 08Dec17 to raise 50 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 RESET RATE UNSECURED RATED LISTED REDEEMABLE SUBORDINATED NON CONVERTIBLE PERPETUAL DEBENTURES.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 26Dec17. CARE Ratings Limited has given AA- rating to this Debenture on 08Dec17. 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
02 Apr 2024
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Outlook
Stable
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Seniority in Repayment
Perpetual
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE (REFER REMARKS)

Returns

Linked to Markets

Bond Rating

AA-

Seniority in Repayment

Perpetual

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 INE539K08179 issued by Hdfc Credila Financial Services Limited

The instrument name of INE539K08179 ISIN is HDFC CREDILA FINANCIAL SERVICES LIMITED RR NCD PERPETUAL FVRS10LAC.
The interest earned from INE539K08179 bond issued by Hdfc Credila Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE539K08179 bond issued by Hdfc Credila Financial Services Limited has been assigned a credit rating of AA- by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE539K08179 bond issued by Hdfc Credila Financial Services Limited is RESET RATE (REFER REMARKS).
The INE539K08179 Debenture is issued by Hdfc Credila Financial Services Limited, a Private Sector company.
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