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Instrument Details

ISIN: INE866I08295

Face value

₹1,000

Coupon rate

10.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

15.4479

Instrument Type

Debenture

Returns

High

Date of Issue

07 Feb 2019

Maturity Date

02 Jul 2029

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL Ratings)

Call Option

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 SR VI 10.50 NCD 07FB29 FVRS1000
Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE866I08295, with a face value of ₹1,000 rs on 07Feb19 to raise 15.4479 crores. The debt instrument is issued with a coupon rate of 10.50% 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 10.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES VI. MATURITY DATE - 26/02/2029. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 08Feb19 & on BSE stock exchange on 08Feb19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 09Jan19. 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
13 Mar 2024
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Outlook
No Outlook
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
07-Feb-19 : Your investment
₹10,500
07-Feb-20 : Interest
₹10,500
07-Feb-21 : Interest
₹10,500
07-Feb-22 : Interest
₹10,500
07-Feb-23 : Interest
₹10,500
07-Feb-24 : Interest
₹10,500
07-Feb-25 : Interest
₹10,500
07-Feb-26 : Interest
₹10,500
07-Feb-27 : Interest
₹10,500
07-Feb-28 : Interest
₹10,500
07-Feb-29 : Interest
₹2,05,000
02-Jul-29 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹1,05,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.50%

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 INE866I08295 issued by Iifl Finance Limited

The instrument name of INE866I08295 ISIN is IIFL FINANCE LIMITED SR VI 10.50 NCD 07FB29 FVRS1000.
The interest earned from INE866I08295 bond issued by Iifl Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE866I08295 bond issued by Iifl Finance Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.5%, which determines the periodic interest payments made to bondholders.
The INE866I08295 Debenture is issued by Iifl Finance Limited, a Private Sector company.
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