Instrument Details

ISIN: INE121H07BW0

Face value

₹1,000

Coupon rate

8%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Medium

Date of Issue

25 Jul 2017

Maturity Date

25 Jul 2022

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IL&FS FINANCIAL SERVICES LIMITED SR-III 8 NCD 25JL22 FVRS1000
Il&fs Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121H07BW0, with a face value of ₹1,000 rs on 25Jul17 to raise 50 crores. The debt instrument is issued with a coupon rate of 8% 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 Secured Debenture is 8% SECURED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES 2018 III. DATE OF MATURITY 25/07/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Aug17. CARE Ratings Limited has given D rating to this Debenture on 25Jul17. This issuer is formerly known as IL&FS FINVEST LIMITED, IL&FS ASSET MANAGEMNET COMPANY 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
D
Default or Expect to Default
D
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Date Verified
29 Dec 2023
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Outlook
No Outlook
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Seniority in Repayment
Senior
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
25-Jul-17 : Your investment
₹8,000
25-Jul-18 : Interest
₹8,000
25-Jul-19 : Interest
₹8,000
25-Jul-20 : Interest
₹8,000
25-Jul-21 : Interest
₹8,000
25-Jul-22 : Interest
₹1,40,000
25-Jul-22 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹40,000)

Summary

Instrument Attributes

Value

Coupon Rate

8%

Returns

Medium

Bond Rating

D

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 INE121H07BW0 issued by Il&fs Financial Services Limited

The instrument name of INE121H07BW0 ISIN is IL&FS FINANCIAL SERVICES LIMITED SR-III 8 NCD 25JL22 FVRS1000.
The interest earned from INE121H07BW0 bond issued by Il&fs Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE121H07BW0 bond issued by Il&fs Financial Services Limited has been assigned a credit rating of D by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8%, which determines the periodic interest payments made to bondholders.
The INE121H07BW0 Debenture is issued by Il&fs Financial Services Limited, a Private Sector company.