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Instrument Details

ISIN: INE146O07466

Face value

₹10,00,000

Coupon rate

7.80%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Medium

Date of Issue

29 Sep 2021

Maturity Date

29 Dec 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

HINDUJA LEYLAND FINANCE LIMITED 7.80 NCD 29DC23 FVRS10LAC
Hinduja Leyland Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE146O07466, with a face value of ₹10,00,000 rs on 29Sep21 to raise 100 crores. The debt instrument is issued with a coupon rate of 7.80% 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 7.80% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 29/12/2023. 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 09Nov21. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 02Nov21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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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
29-Sep-21 : Your investment
₹78,00,000
29-Sep-22 : Interest
₹78,00,000
29-Sep-23 : Interest
₹11,56,00,000
29-Dec-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,56,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.80%

Returns

Medium

Bond Rating

WITHDRAWN

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 INE146O07466 issued by Hinduja Leyland Finance Limited

The instrument name of INE146O07466 ISIN is HINDUJA LEYLAND FINANCE LIMITED 7.80 NCD 29DC23 FVRS10LAC.
The interest earned from INE146O07466 bond issued by Hinduja Leyland Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE146O07466 bond issued by Hinduja Leyland Finance Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.8%, which determines the periodic interest payments made to bondholders.
The INE146O07466 Debenture is issued by Hinduja Leyland Finance Limited, a Private Sector company.
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