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Instrument Details

ISIN: INE172V07194

Face value

₹61,657

Coupon rate

12%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

High

Date of Issue

18 Feb 2022

Maturity Date

18 May 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

HOME CREDIT INDIA FINANCE PRIVATE LIMITED 12 NCD 18MY23 FVRS61656.57
Home Credit India Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE172V07194, with a face value of ₹61,657 rs on 18Feb22 to raise 10 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Quarterly. 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 12% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.. DATE OF MATURITY 18/05/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given BBB+ rating to this Debenture on 19Apr21. This issuer is formerly known as RAJSHREE AUTO FINANCE 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
BBB
Moderately Safe
BBB+
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Date Verified
07 Sep 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
₹61,657
Lot Size
100
Minimum Investment
₹61,65,700

Cashflow

₹61,65,700
18-Feb-22 : Your investment
₹1,84,971
18-May-22 : Interest
₹1,84,971
18-Aug-22 : Interest
₹1,84,971
18-Nov-22 : Interest
₹1,84,971
18-Feb-23 : Interest
₹1,84,971
18-May-23 : Interest
₹70,90,555
18-May-23 : Maturity amount (Investment: ₹61,65,700, Interest earned: ₹9,24,855)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

BBB+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

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Rated ★ 4.3+ on

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FAQs about INE172V07194 issued by Home Credit India Finance Private Limited

The instrument name of INE172V07194 ISIN is HOME CREDIT INDIA FINANCE PRIVATE LIMITED 12 NCD 18MY23 FVRS61656.57.
The interest earned from INE172V07194 bond issued by Home Credit India Finance Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE172V07194 bond issued by Home Credit India Finance Private Limited has been assigned a credit rating of BBB+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE172V07194 Debenture is issued by Home Credit India Finance Private Limited, a Private Sector company.
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