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Instrument Details

ISIN: INE148I07KI1

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

1000

Instrument Type

Debenture

Returns

Low

Date of Issue

24 Sep 2021

Maturity Date

24 Sep 2024

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

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

INDIABULLS HOUSING FINANCE LIMITED SR V CAT I & II LOA 24SP24 FVRS1000
Indiabulls Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE148I07KI1, with a face value of ₹1,000 rs on 24Sep21 to raise 1000 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES V CAT I&II. DATE OF MATURITY 24/09/2024.. This instrument is issued in Public Issue 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 27Aug21. 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
28 Feb 2022
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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

0%

Returns

Low

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 INE148I07KI1 issued by Indiabulls Housing Finance Limited

The instrument name of INE148I07KI1 ISIN is INDIABULLS HOUSING FINANCE LIMITED SR V CAT I & II LOA 24SP24 FVRS1000.
Never, as INE148I07KI1 bond issued by Indiabulls Housing Finance Limited is a Zero-coupon bond.
This INE148I07KI1 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.
The coupon rate of INE148I07KI1 bond issued by Indiabulls Housing Finance Limited is 0%.
The INE148I07KI1 Debenture is issued by Indiabulls Housing Finance Limited, a Private Sector company.
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