Instrument Details

ISIN: INE148I07IP0

Face value

₹10,00,000

Coupon rate

8.12%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

225

Instrument Type

Debenture

Returns

High

Date of Issue

24 Jan 2018

Maturity Date

24 Jan 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

INDIABULLS HOUSING FINANCE LIMITED SR-K-006 OPT II 8.12 LOA 24JN25 FVRS10LAC
Indiabulls Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE148I07IP0, with a face value of ₹10,00,000 rs on 24Jan18 to raise 225 crores. The debt instrument is issued with a coupon rate of 8.12% 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 8.12% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES K-006 OTPION II. DATE OF MATURITY 24/01/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 28Dec17. 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
08 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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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
24-Jan-18 : Your investment
₹81,20,000
24-Jan-19 : Interest
₹81,20,000
24-Jan-20 : Interest
₹81,20,000
24-Jan-21 : Interest
₹81,20,000
24-Jan-22 : Interest
₹81,20,000
24-Jan-23 : Interest
₹81,20,000
24-Jan-24 : Interest
₹81,20,000
24-Jan-25 : Interest
₹15,68,40,000
24-Jan-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,68,40,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.12%

Returns

High

Bond Rating

AA

Seniority in Repayment

None

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 INE148I07IP0 issued by Indiabulls Housing Finance Limited

The instrument name of INE148I07IP0 ISIN is INDIABULLS HOUSING FINANCE LIMITED SR-K-006 OPT II 8.12 LOA 24JN25 FVRS10LAC.
The interest earned from INE148I07IP0 bond issued by Indiabulls Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE148I07IP0 bond issued by Indiabulls Housing 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 8.12%, which determines the periodic interest payments made to bondholders.
The INE148I07IP0 Debenture is issued by Indiabulls Housing Finance Limited, a Private Sector company.