Instrument Details

ISIN: INE866I08162

Face value

₹10,00,000

Coupon rate

12.20%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

23

Instrument Type

Debenture

Returns

High

Date of Issue

05 Nov 2012

Maturity Date

11 Apr 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

IIFL FINANCE LIMITED 12.2 NCD 04NV22 FVRS10LAC
Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE866I08162, with a face value of ₹10,00,000 rs on 05Nov12 to raise 23 crores. The debt instrument is issued with a coupon rate of 12.20% 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 Unsecured Debenture is 12.2% UNSECURED REDEEMABLE SUBORDINATED TAXABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 04/11/2022. This instrument is issued in Unknown mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given AA rating to this Debenture on 01Aug23. This issuer is formerly known as IIFL HOLDINGS LIMITED, INDIA INFOLINE LIMITED, INDIA INFOLINE.COM 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
AA
High Safety
AA
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Date Verified
02 Aug 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
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
05-Nov-12 : Your investment
₹1,22,00,000
05-Nov-13 : Interest
₹1,22,00,000
05-Nov-14 : Interest
₹1,22,00,000
05-Nov-15 : Interest
₹1,22,00,000
05-Nov-16 : Interest
₹1,22,00,000
05-Nov-17 : Interest
₹1,22,00,000
05-Nov-18 : Interest
₹1,22,00,000
05-Nov-19 : Interest
₹1,22,00,000
05-Nov-20 : Interest
₹1,22,00,000
05-Nov-21 : Interest
₹20,98,00,000
11-Apr-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹10,98,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

12.20%

Returns

High

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE866I08162 issued by Iifl Finance Limited

The instrument name of INE866I08162 ISIN is IIFL FINANCE LIMITED 12.2 NCD 04NV22 FVRS10LAC.
The interest earned from INE866I08162 bond issued by Iifl Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE866I08162 bond issued by Iifl Finance Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.2%, which determines the periodic interest payments made to bondholders.
The INE866I08162 Debenture is issued by Iifl Finance Limited, a Private Sector company.