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Instrument Details

ISIN: INE039A07801

Face value

₹1,000

Coupon rate

9.90%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

606.1652

Instrument Type

Debenture

Returns

High

Date of Issue

01 Dec 2014

Maturity Date

12 Jan 2024

Perpetual

Yes

Listing Status

Listed

Rating status

B+ (ICRA 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

IFCI LIMITED SR-VI 9.9 NCD 01DC24 FVRS1000 LOA UPTO 17MY15
Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE039A07801, with a face value of ₹1,000 rs on 01Dec14 to raise 606.1652 crores. The debt instrument is issued with a coupon rate of 9.90% 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 Debenture is 9.90% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES 1. SERIES VI. LETTER OF ALLOTMENT. DATE OF MATURITY 01/12/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Dec14 & on NSE stock exchange on 04Dec14. ICRA LIMITED has given B+ rating to this Debenture on 28May24. This issuer is formerly known as THE INDUSTRIAL FINANCE CORPORATION OF INDIA 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
B
High Risk
B+
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Date Verified
29 May 2024
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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
01-Dec-14 : Your investment
₹9,900
01-Dec-15 : Interest
₹9,900
01-Dec-16 : Interest
₹9,900
01-Dec-17 : Interest
₹9,900
01-Dec-18 : Interest
₹9,900
01-Dec-19 : Interest
₹9,900
01-Dec-20 : Interest
₹9,900
01-Dec-21 : Interest
₹9,900
01-Dec-22 : Interest
₹9,900
01-Dec-23 : Interest
₹1,89,100
12-Jan-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹89,100)

Summary

Instrument Attributes

Value

Coupon Rate

9.90%

Returns

High

Bond Rating

B+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE039A07801 issued by Ifci Limited

The instrument name of INE039A07801 ISIN is IFCI LIMITED SR-VI 9.9 NCD 01DC24 FVRS1000 LOA UPTO 17MY15.
The interest earned from INE039A07801 bond issued by Ifci Limited is paid Annually, ensuring regular and consistent income for investors.
This INE039A07801 bond issued by Ifci Limited has been assigned a credit rating of B+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.9%, which determines the periodic interest payments made to bondholders.
The INE039A07801 Debenture is issued by Ifci Limited, a Private Sector company.
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