Instrument Details

ISIN: INE071G07488

Face value

₹10,00,000

Coupon rate

5.85%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

425

Instrument Type

Bond

Returns

Medium

Date of Issue

03 Mar 2022

Maturity Date

03 Jan 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (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

ICICI HOME FINANCE COMPANY LIMITED SR HDBFEB221 5.85 BD 01MR24 FVRS10LAC
Icici Home Finance Company Limited, a Housing Finance Company company, has floated Bond, having ISIN value as INE071G07488, with a face value of ₹10,00,000 rs on 03Mar22 to raise 425 crores. The debt instrument is issued with a coupon rate of 5.85% 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 Bond is 5.85% SECURED RATED LISTED COUPON BEARING FULLY PAID SENIOR REDEEMABLE BOND IN THE NATURE OF NON CONVERTIBLE DEBENTURES. SERIES HDBFEB221. DATE OF MATURITY 01/03/2024.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 04Mar22. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 21Feb22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
03 Mar 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
03-Mar-22 : Your investment
₹58,50,000
03-Mar-23 : Interest
₹49,04,383
03-Jan-24 : Interest
₹11,07,54,383
03-Jan-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,07,54,383)

Summary

Instrument Attributes

Value

Coupon Rate

5.85%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE071G07488 issued by Icici Home Finance Company Limited

The instrument name of INE071G07488 ISIN is ICICI HOME FINANCE COMPANY LIMITED SR HDBFEB221 5.85 BD 01MR24 FVRS10LAC.
The interest earned from INE071G07488 bond issued by Icici Home Finance Company Limited is paid Annually, ensuring regular and consistent income for investors.
This INE071G07488 bond issued by Icici Home Finance Company Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 5.85%, which determines the periodic interest payments made to bondholders.
The INE071G07488 Bond is issued by Icici Home Finance Company Limited, a Private Sector company.