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Instrument Details

ISIN: INE01CY07B28

Face value

₹1,000

Coupon rate

12.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

0.5235

Instrument Type

Debenture

Returns

High

Date of Issue

07 Jun 2022

Maturity Date

06 Jul 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB (Infomerics 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

ICL FINCORP LIMITED SR III MTHLYSNR CTZ 12.25 NCD 07JU25 FVRS1000
Icl Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01CY07B28, with a face value of ₹1,000 rs on 07Jun22 to raise 0.5235 crores. The debt instrument is issued with a coupon rate of 12.25% and its interest is paid Monthly. 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 12.25% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SUBORDINATE - SERIES III MONTHLY SENIOR CITIZEN 07/06/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. Infomerics Valuation and Rating Pvt. Ltd has given BB rating to this Debenture on 11Apr24. This issuer is formerly known as IRINJALAKUDA CREDIT AND LEASING COMPANY, JAWAHAR FINANCE 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
BB
Moderate Risk
BB
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Date Verified
-
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Outlook
Negative
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
07-Jun-22 : Your investment
₹1,020
07-Jul-22 : Interest
₹1,020
07-Aug-22 : Interest
₹1,020
07-Sep-22 : Interest
₹1,020
07-Oct-22 : Interest
₹1,020
07-Nov-22 : Interest
₹1,020
07-Dec-22 : Interest
₹1,020
07-Jan-23 : Interest
₹1,020
07-Feb-23 : Interest
₹1,020
07-Mar-23 : Interest
₹1,020
07-Apr-23 : Interest
₹1,020
07-May-23 : Interest
₹1,020
07-Jun-23 : Interest
₹1,020
07-Jul-23 : Interest
₹1,020
07-Aug-23 : Interest
₹1,020
07-Sep-23 : Interest
₹1,020
07-Oct-23 : Interest
₹1,020
07-Nov-23 : Interest
₹1,020
07-Dec-23 : Interest
₹1,020
07-Jan-24 : Interest
₹1,020
07-Feb-24 : Interest
₹1,020
07-Mar-24 : Interest
₹1,020
07-Apr-24 : Interest
₹1,020
07-May-24 : Interest
₹1,020
07-Jun-24 : Interest
₹1,020
07-Jul-24 : Interest
₹1,020
07-Aug-24 : Interest
₹1,020
07-Sep-24 : Interest
₹1,020
07-Oct-24 : Interest
₹1,020
07-Nov-24 : Interest
₹1,020
07-Dec-24 : Interest
₹1,020
07-Jan-25 : Interest
₹1,020
07-Feb-25 : Interest
₹1,020
07-Mar-25 : Interest
₹1,020
07-Apr-25 : Interest
₹1,020
07-May-25 : Interest
₹1,020
07-Jun-25 : Interest
-₹425
06-Jul-25 : Interest
-₹425
06-Jul-25 : Interest
₹1,35,899
06-Jul-25 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹35,899)

Summary

Instrument Attributes

Value

Coupon Rate

12.25%

Returns

High

Bond Rating

BB

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE01CY07B28 issued by Icl Fincorp Limited

The instrument name of INE01CY07B28 ISIN is ICL FINCORP LIMITED SR III MTHLYSNR CTZ 12.25 NCD 07JU25 FVRS1000.
The interest earned from INE01CY07B28 bond issued by Icl Fincorp Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE01CY07B28 bond issued by Icl Fincorp Limited 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.
This Debenture offers a coupon rate of 12.25%, which determines the periodic interest payments made to bondholders.
The INE01CY07B28 Debenture is issued by Icl Fincorp Limited, a Private Sector company.
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