Instrument Details

ISIN: INE148I07159

Face value

₹10,00,000

Coupon rate

10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Bond

Returns

High

Date of Issue

19 Nov 2012

Maturity Date

19 Nov 2022

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CARE 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

INDIABULLS HOUSING FINANCE LIMITED 10 LOA 19NV22 FVRS10LAC
Indiabulls Housing Finance Limited, a Housing Finance Company company, has floated Bond, having ISIN value as INE148I07159, with a face value of ₹10,00,000 rs on 19Nov12 to raise 15 crores. The debt instrument is issued with a coupon rate of 10% 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 Bond is 10% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 19/11/2022.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 28Jan13 & on NSE stock exchange on 28Jan13. CARE Ratings Limited has given AA rating to this Bond on 15Feb20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA
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Date Verified
23 Jun 2020
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Outlook
Negative
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
19-Nov-12 : Your investment
₹1,00,00,000
19-Nov-13 : Interest
₹1,00,00,000
19-Nov-14 : Interest
₹1,00,00,000
19-Nov-15 : Interest
₹1,00,00,000
19-Nov-16 : Interest
₹1,00,00,000
19-Nov-17 : Interest
₹1,00,00,000
19-Nov-18 : Interest
₹1,00,00,000
19-Nov-19 : Interest
₹1,00,00,000
19-Nov-20 : Interest
₹1,00,00,000
19-Nov-21 : Interest
₹1,00,00,000
19-Nov-22 : Interest
₹20,00,00,000
19-Nov-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹10,00,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE148I07159 issued by Indiabulls Housing Finance Limited

The instrument name of INE148I07159 ISIN is INDIABULLS HOUSING FINANCE LIMITED 10 LOA 19NV22 FVRS10LAC.
The interest earned from INE148I07159 bond issued by Indiabulls Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE148I07159 bond issued by Indiabulls Housing Finance Limited has been assigned a credit rating of AA by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE148I07159 Bond is issued by Indiabulls Housing Finance Limited, a Private Sector company.