Instrument Details

ISIN: INE248U07DG3

Face value

₹10,00,000

Coupon rate

GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

129.9

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

02 Dec 2021

Maturity Date

01 Jan 2025

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IIFL WEALTH PRIME LIMITED SR IIFLWPL BR NCD 01JN25 FVRS10LAC
Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U07DG3, with a face value of ₹10,00,000 rs on 02Dec21 to raise 129.9 crores. The debt instrument is issued with a coupon rate of GSEC LINKED 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 Secured Debenture is GSEC LINKED SECURED LISTED RATED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE MARKET LINKED DEBENTURES.SERIES IIFLWPL-7.25%-01JAN2025 .DATE OF MATURITY 01/01/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 15Dec21. ICRA LIMITED has given PP-MLD AA rating to this Debenture on 07Dec23. This issuer is formerly known as IIFL WEALTH FINANCE LIMITED, CHEPHIS CAPITAL MARKETS 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
08 Dec 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

GSEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AA

Seniority in Repayment

Senior

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 INE248U07DG3 issued by Iifl Wealth Prime Limited

The instrument name of INE248U07DG3 ISIN is IIFL WEALTH PRIME LIMITED SR IIFLWPL BR NCD 01JN25 FVRS10LAC.
The interest earned from the INE248U07DG3 bond issued by Iifl Wealth Prime Limited is paid at the time of maturity
This INE248U07DG3 bond issued by Iifl Wealth Prime 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 INE248U07DG3 bond issued by Iifl Wealth Prime Limited is GSEC LINKED.
The INE248U07DG3 Debenture is issued by Iifl Wealth Prime Limited, a Private Sector company.