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Instrument Details

ISIN: INE039A09PU9

Face value

₹10,00,000

Coupon rate

8.76%

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

430

Instrument Type

Bond

Returns

High

Date of Issue

31 Mar 2014

Maturity Date

31 Mar 2029

Perpetual

Yes

Listing Status

Listed

Rating status

BB (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

IFCI LIMITED 8.76 BD 31MR29 FVRS10LAC LOA UPTO 08MY14
Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE039A09PU9, with a face value of ₹10,00,000 rs on 31Mar14 to raise 430 crores. The debt instrument is issued with a coupon rate of 8.76% and its interest is paid Annually. The returns are Tax-Free Under Section 10(15)(iv)(h). As per the filings, the long description of this Secured Bond is 8.76% SECURED NON COVERTIBLE TAX FREE BONDS. SERIES I-OPTION B. LETTER OF ALLOTMENT.DATE OF MATURITY: 31/03/2029. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 10Apr14. CARE Ratings Limited has given BB rating to this Bond on 31Mar14. 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
05 Jul 2024
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Outlook
Negative
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
31-Mar-14 : Your investment
₹87,60,000
31-Mar-15 : Interest
₹87,60,000
31-Mar-16 : Interest
₹87,60,000
31-Mar-17 : Interest
₹87,60,000
31-Mar-18 : Interest
₹87,60,000
31-Mar-19 : Interest
₹87,60,000
31-Mar-20 : Interest
₹87,60,000
31-Mar-21 : Interest
₹87,60,000
31-Mar-22 : Interest
₹87,60,000
31-Mar-23 : Interest
₹87,60,000
31-Mar-24 : Interest
₹87,60,000
31-Mar-25 : Interest
₹87,60,000
31-Mar-26 : Interest
₹87,60,000
31-Mar-27 : Interest
₹87,60,000
31-Mar-28 : Interest
₹87,60,000
31-Mar-29 : Interest
₹23,14,00,000
31-Mar-29 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹13,14,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.76%

Returns

High

Bond Rating

BB

Seniority in Repayment

None

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 INE039A09PU9 issued by Ifci Limited

The instrument name of INE039A09PU9 ISIN is IFCI LIMITED 8.76 BD 31MR29 FVRS10LAC LOA UPTO 08MY14.
The interest earned from INE039A09PU9 bond issued by Ifci Limited is paid Annually, ensuring regular and consistent income for investors.
This INE039A09PU9 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 8.76%, which determines the periodic interest payments made to bondholders.
The INE039A09PU9 Bond is issued by Ifci Limited, a Private Sector company.
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