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Instrument Details

ISIN: INE866I08253

Face value

₹10,00,000

Coupon rate

RESET RATE REFER REMARKS

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

300

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Aug 2018

Maturity Date

25 Aug 2028

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA (ICRA Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

IIFL FINANCE LIMITED SR U-04 RR NCD 25AG28 FVRS10LAC
Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE866I08253, with a face value of ₹10,00,000 rs on 28Aug18 to raise 300 crores. The debt instrument is issued with a coupon rate of RESET RATE REFER REMARKS 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 Debenture is UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES IIFL MLD-2028. SERIES U04. DATE OF MATURITY 25/08/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 22Jun20. ICRA LIMITED has given PP-MLD AA rating to this Debenture on 25Sep24. 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
PP-MLD AA
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Date Verified
26 Sep 2024
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE REFER REMARKS

Returns

Linked to Markets

Bond Rating

PP-MLD AA

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
Mumbai
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 INE866I08253 issued by Iifl Finance Limited

The instrument name of INE866I08253 ISIN is IIFL FINANCE LIMITED SR U-04 RR NCD 25AG28 FVRS10LAC.
The interest earned from the INE866I08253 bond issued by Iifl Finance Limited is paid at the time of maturity
This INE866I08253 bond issued by Iifl Finance Limited has been assigned a credit rating of PP-MLD AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE866I08253 bond issued by Iifl Finance Limited is RESET RATE REFER REMARKS.
The INE866I08253 Debenture is issued by Iifl Finance Limited, a Private Sector company.
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