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Instrument Details

ISIN: INE148I08207

Face value

₹1,00,000

Coupon rate

10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

165

Instrument Type

Debenture

Returns

High

Date of Issue

03 Aug 2015

Maturity Date

08 Mar 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

INDIABULLS HOUSING FINANCE LIMITED 10 NCD 03AG25 FVRS1LAC
Indiabulls Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE148I08207, with a face value of ₹1,00,000 rs on 03Aug15 to raise 165 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 Unsecured Debenture is 10% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBT IN THE NATURE OF DEBENTURES. DATE OF MATURITY 03/08/2025. 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 17Aug15 & on NSE stock exchange on 17Aug15. CARE Ratings Limited has given AA- rating to this Debenture on 03Aug15. 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
10 Oct 2023
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
03-Aug-15 : Your investment
₹10,00,000
03-Aug-16 : Interest
₹10,00,000
03-Aug-17 : Interest
₹10,00,000
03-Aug-18 : Interest
₹10,00,000
03-Aug-19 : Interest
₹10,00,000
03-Aug-20 : Interest
₹10,00,000
03-Aug-21 : Interest
₹10,00,000
03-Aug-22 : Interest
₹10,00,000
03-Aug-23 : Interest
₹10,00,000
03-Aug-24 : Interest
₹6,02,739
08-Mar-25 : Interest
₹1,96,02,739
08-Mar-25 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹96,02,739)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

AA-

Seniority in Repayment

Subordinate Tier 2

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 INE148I08207 issued by Indiabulls Housing Finance Limited

The instrument name of INE148I08207 ISIN is INDIABULLS HOUSING FINANCE LIMITED 10 NCD 03AG25 FVRS1LAC.
The interest earned from INE148I08207 bond issued by Indiabulls Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE148I08207 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 Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE148I08207 Debenture is issued by Indiabulls Housing Finance Limited, a Private Sector company.
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