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Instrument Details

ISIN: INE039A09NM1

Face value

₹10,000

Coupon rate

10.75%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

64.957

Instrument Type

Bond

Returns

High

Date of Issue

01 Aug 2011

Maturity Date

08 Jan 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB (CARE Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

IFCI LIMITED 10.75 BD 01AG26 FVRS10000 LOA UPTO 29SP11
Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE039A09NM1, with a face value of ₹10,000 rs on 01Aug11 to raise 64.957 crores. The debt instrument is issued with a coupon rate of 10.75% and its interest is paid on Maturity. 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 Unsecured Bond is 10.75% Unsecured Non-Convertible Bond in the form of Promissory Note. Letter of Allotment. Series- I Option- IV. Date of Maturity 01/08/2026. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BB rating to this Bond on 01Aug11. This issuer is formerly known as THE INDUSTRIAL FINANCE CORPORATION OF INDIA LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BB
Moderate Risk
BB
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Date Verified
04 Dec 2024
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Outlook
No Outlook
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

10.75%

Returns

High

Bond Rating

BB

Seniority in Repayment

Subordinate Tier 1

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
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Rating

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Rated ★ 4.3+ on

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FAQs about INE039A09NM1 issued by Ifci Limited

The instrument name of INE039A09NM1 ISIN is IFCI LIMITED 10.75 BD 01AG26 FVRS10000 LOA UPTO 29SP11.
The interest earned from the INE039A09NM1 bond issued by Ifci Limited is paid at the time of maturity
This INE039A09NM1 bond issued by Ifci Limited has been assigned a credit rating of BB by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 10.75%, which determines the periodic interest payments made to bondholders.
The INE039A09NM1 Bond is issued by Ifci Limited, a Private Sector company.
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