The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
11% Hedge Finance Ltd - BB Rated (INE01ZK07FT9)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE01ZK07FT9
Face value
₹10,00,000
Coupon rate
11%
Payment
on Maturity
Tax Type
Taxable
Issue Size (Cr)
5
Instrument Type
Debenture
Returns
High
Date of Issue
02 Aug 2022
Maturity Date
08 Feb 2027
Perpetual
Yes
Listing Status
Listed
Rating status
BB+ (Infomerics 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
HEDGE FINANCE LTD SR IV TR 8 11 LOA 02AG27 FVRS10LAC
Hedge Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE01ZK07FT9, with a face value of ₹10,00,000 rs on 02Aug22 to raise 5 crores. The debt instrument
is issued with a coupon rate of 11% 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 11% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES IV CUMULATIVE TRANCHE 8. DATE OF MATURITY 02/08/2027.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 04Aug22. Infomerics Valuation and Rating Pvt. Ltd has given BB+ rating to
this Debenture on 25Oct22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Summary
Instrument Attributes
Value
Coupon Rate
11%
Returns
High
Bond Rating
BB+
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Trivandrum
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Hedge Finance Ltd
FAQs about INE01ZK07FT9 issued by Hedge Finance Ltd
What is the instrument name of INE01ZK07FT9 ISIN?
The instrument name of INE01ZK07FT9 ISIN is HEDGE FINANCE LTD SR IV TR 8 11 LOA 02AG27 FVRS10LAC.
How frequently is the interest paid on INE01ZK07FT9 bond issued by Hedge Finance Ltd?
The interest earned from the INE01ZK07FT9 bond issued by Hedge Finance Ltd is paid at the time of maturity
What is the credit rating of the INE01ZK07FT9 bond issued by Hedge Finance Ltd?
This INE01ZK07FT9 bond issued by Hedge Finance Ltd has been assigned a credit rating of BB+ by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE01ZK07FT9 bond issued by Hedge Finance Ltd?
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE01ZK07FT9 Debenture?
The INE01ZK07FT9 Debenture is issued by Hedge Finance Ltd, a Private Sector company.
Popular Collection Pages
Popular Issuers
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Invest in safer portfolio without compromising returns.
