Instrument Details

ISIN: INE01CY07IA3

Face value

₹1,000

Coupon rate

12.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

0.541

Instrument Type

Debenture

Returns

High

Date of Issue

29 Sep 2020

Maturity Date

29 Sep 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

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

ICL FINCORP LIMITED SR III MTH GEN 12.25 NCD 29SP23 FVRS1000
Icl Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01CY07IA3, with a face value of ₹1,000 rs on 29Sep20 to raise 0.541 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 UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES III(MONTHLY-GENERAL). DATE OF MATURITY 29/09/2023. 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
Subordinate Tier 2
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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
29-Sep-20 : Your investment
₹1,020
29-Oct-20 : Interest
₹1,020
29-Nov-20 : Interest
₹1,020
29-Dec-20 : Interest
₹1,020
29-Jan-21 : Interest
₹1,020
01-Mar-21 : Interest
₹1,020
01-Apr-21 : Interest
₹1,020
01-May-21 : Interest
₹1,020
01-Jun-21 : Interest
₹1,020
01-Jul-21 : Interest
₹1,020
01-Aug-21 : Interest
₹1,020
01-Sep-21 : Interest
₹1,020
01-Oct-21 : Interest
₹1,020
01-Nov-21 : Interest
₹1,020
01-Dec-21 : Interest
₹1,020
01-Jan-22 : Interest
₹1,020
01-Feb-22 : Interest
₹1,020
01-Mar-22 : Interest
₹1,020
01-Apr-22 : Interest
₹1,020
01-May-22 : Interest
₹1,020
01-Jun-22 : Interest
₹1,020
01-Jul-22 : Interest
₹1,020
01-Aug-22 : Interest
₹1,020
01-Sep-22 : Interest
₹1,020
01-Oct-22 : Interest
₹1,020
01-Nov-22 : Interest
₹1,020
01-Dec-22 : Interest
₹1,020
01-Jan-23 : Interest
₹1,020
01-Feb-23 : Interest
₹1,020
01-Mar-23 : Interest
₹1,020
01-Apr-23 : Interest
₹1,020
01-May-23 : Interest
₹1,020
01-Jun-23 : Interest
₹1,020
01-Jul-23 : Interest
₹1,020
01-Aug-23 : Interest
₹1,020
01-Sep-23 : Interest
-₹425
29-Sep-23 : Interest
-₹425
29-Sep-23 : Interest
₹1,34,878
29-Sep-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹34,878)

Summary

Instrument Attributes

Value

Coupon Rate

12.25%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 2

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 INE01CY07IA3 issued by Icl Fincorp Limited

The instrument name of INE01CY07IA3 ISIN is ICL FINCORP LIMITED SR III MTH GEN 12.25 NCD 29SP23 FVRS1000.
The interest earned from INE01CY07IA3 bond issued by Icl Fincorp Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE01CY07IA3 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 INE01CY07IA3 Debenture is issued by Icl Fincorp Limited, a Private Sector company.