Instrument Details

ISIN: INE01CY07FC5

Face value

₹1,000

Coupon rate

12.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

1.1525

Instrument Type

Debenture

Returns

High

Date of Issue

12 May 2020

Maturity Date

05 Dec 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ICL FINCORP LIMITED SR III MTH GN 12.25 NCD 12MY23 FVRS1000
Icl Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01CY07FC5, with a face value of ₹1,000 rs on 12May20 to raise 1.1525 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. SERIES III(MONTHLY-GENERAL). DATE OF MATURITY 12/05/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
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
None
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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
12-May-20 : Your investment
₹1,020
12-Jun-20 : Interest
₹1,020
12-Jul-20 : Interest
₹1,020
12-Aug-20 : Interest
₹1,020
12-Sep-20 : Interest
₹1,020
12-Oct-20 : Interest
₹1,020
12-Nov-20 : Interest
₹1,020
12-Dec-20 : Interest
₹1,020
12-Jan-21 : Interest
₹1,020
12-Feb-21 : Interest
₹1,020
12-Mar-21 : Interest
₹1,020
12-Apr-21 : Interest
₹1,020
12-May-21 : Interest
₹1,020
12-Jun-21 : Interest
₹1,020
12-Jul-21 : Interest
₹1,020
12-Aug-21 : Interest
₹1,020
12-Sep-21 : Interest
₹1,020
12-Oct-21 : Interest
₹1,020
12-Nov-21 : Interest
₹1,020
12-Dec-21 : Interest
₹1,020
12-Jan-22 : Interest
₹1,020
12-Feb-22 : Interest
₹1,020
12-Mar-22 : Interest
₹1,020
12-Apr-22 : Interest
₹1,020
12-May-22 : Interest
₹1,020
12-Jun-22 : Interest
₹1,020
12-Jul-22 : Interest
₹1,020
12-Aug-22 : Interest
₹1,020
12-Sep-22 : Interest
₹1,020
12-Oct-22 : Interest
₹1,020
12-Nov-22 : Interest
₹1,020
12-Dec-22 : Interest
₹1,020
12-Jan-23 : Interest
₹1,020
12-Feb-23 : Interest
₹1,020
12-Mar-23 : Interest
₹1,020
12-Apr-23 : Interest
₹1,020
12-May-23 : Interest
₹1,020
12-Jun-23 : Interest
₹1,020
12-Jul-23 : Interest
₹1,020
12-Aug-23 : Interest
₹1,020
12-Sep-23 : Interest
₹1,020
12-Oct-23 : Interest
₹1,020
12-Nov-23 : Interest
₹493
05-Dec-23 : Interest
₹1,43,368
05-Dec-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹43,368)

Summary

Instrument Attributes

Value

Coupon Rate

12.25%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

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 INE01CY07FC5 issued by Icl Fincorp Limited

The instrument name of INE01CY07FC5 ISIN is ICL FINCORP LIMITED SR III MTH GN 12.25 NCD 12MY23 FVRS1000.
The interest earned from INE01CY07FC5 bond issued by Icl Fincorp Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE01CY07FC5 bond issued by Icl Fincorp Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12.25%, which determines the periodic interest payments made to bondholders.
The INE01CY07FC5 Debenture is issued by Icl Fincorp Limited, a Private Sector company.