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Instrument Details

ISIN: INE027E07980

Face value

₹1,000

Coupon rate

8.84%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

0.7025

Instrument Type

Debenture

Returns

High

Date of Issue

13 Mar 2019

Maturity Date

13 Mar 2029

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA 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

L&T FINANCE LIMITED SR VI OPT 1 8.84 LOA 13MR29 FVRS1000
L&t Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE027E07980, with a face value of ₹1,000 rs on 13Mar19 to raise 0.7025 crores. The debt instrument is issued with a coupon rate of 8.84% and its interest is paid Monthly. 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 8.84% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES VI  OPTION I. LETTER OF ALLOTMENT. DATE OF MATURITY  13/03/2029. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 15Mar19 & on BSE stock exchange on 15Mar19. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 24Dec18. This issuer is formerly known as FAMILY CREDIT LIMITED, APEEJAY FINANCE GROUP LIMITED, APEEJAY FINANCE GROUP PRIVATE 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
AAA
Highest Safety
AAA
check
Date Verified
27 Dec 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
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
13-Mar-19 : Your investment
₹736
13-Apr-19 : Interest
₹736
13-May-19 : Interest
₹736
13-Jun-19 : Interest
₹736
13-Jul-19 : Interest
₹736
13-Aug-19 : Interest
₹736
13-Sep-19 : Interest
₹736
13-Oct-19 : Interest
₹736
13-Nov-19 : Interest
₹736
13-Dec-19 : Interest
₹736
13-Jan-20 : Interest
₹736
13-Feb-20 : Interest
₹736
13-Mar-20 : Interest
₹736
13-Apr-20 : Interest
₹736
13-May-20 : Interest
₹736
13-Jun-20 : Interest
₹736
13-Jul-20 : Interest
₹736
13-Aug-20 : Interest
₹736
13-Sep-20 : Interest
₹736
13-Oct-20 : Interest
₹736
13-Nov-20 : Interest
₹736
13-Dec-20 : Interest
₹736
13-Jan-21 : Interest
₹736
13-Feb-21 : Interest
₹736
13-Mar-21 : Interest
₹736
13-Apr-21 : Interest
₹736
13-May-21 : Interest
₹736
13-Jun-21 : Interest
₹736
13-Jul-21 : Interest
₹736
13-Aug-21 : Interest
₹736
13-Sep-21 : Interest
₹736
13-Oct-21 : Interest
₹736
13-Nov-21 : Interest
₹736
13-Dec-21 : Interest
₹736
13-Jan-22 : Interest
₹736
13-Feb-22 : Interest
₹736
13-Mar-22 : Interest
₹736
13-Apr-22 : Interest
₹736
13-May-22 : Interest
₹736
13-Jun-22 : Interest
₹736
13-Jul-22 : Interest
₹736
13-Aug-22 : Interest
₹736
13-Sep-22 : Interest
₹736
13-Oct-22 : Interest
₹736
13-Nov-22 : Interest
₹736
13-Dec-22 : Interest
₹736
13-Jan-23 : Interest
₹736
13-Feb-23 : Interest
₹736
13-Mar-23 : Interest
₹736
13-Apr-23 : Interest
₹736
13-May-23 : Interest
₹736
13-Jun-23 : Interest
₹736
13-Jul-23 : Interest
₹736
13-Aug-23 : Interest
₹736
13-Sep-23 : Interest
₹736
13-Oct-23 : Interest
₹736
13-Nov-23 : Interest
₹736
13-Dec-23 : Interest
₹736
13-Jan-24 : Interest
₹736
13-Feb-24 : Interest
₹736
13-Mar-24 : Interest
₹736
13-Apr-24 : Interest
₹736
13-May-24 : Interest
₹736
13-Jun-24 : Interest
₹736
13-Jul-24 : Interest
₹736
13-Aug-24 : Interest
₹736
13-Sep-24 : Interest
₹736
13-Oct-24 : Interest
₹736
13-Nov-24 : Interest
₹736
13-Dec-24 : Interest
₹736
13-Jan-25 : Interest
₹736
13-Feb-25 : Interest
₹736
13-Mar-25 : Interest
₹736
13-Apr-25 : Interest
₹736
13-May-25 : Interest
₹736
13-Jun-25 : Interest
₹736
13-Jul-25 : Interest
₹736
13-Aug-25 : Interest
₹736
13-Sep-25 : Interest
₹736
13-Oct-25 : Interest
₹736
13-Nov-25 : Interest
₹736
13-Dec-25 : Interest
₹736
13-Jan-26 : Interest
₹736
13-Feb-26 : Interest
₹736
13-Mar-26 : Interest
₹736
13-Apr-26 : Interest
₹736
13-May-26 : Interest
₹736
13-Jun-26 : Interest
₹736
13-Jul-26 : Interest
₹736
13-Aug-26 : Interest
₹736
13-Sep-26 : Interest
₹736
13-Oct-26 : Interest
₹736
13-Nov-26 : Interest
₹736
13-Dec-26 : Interest
₹736
13-Jan-27 : Interest
₹736
13-Feb-27 : Interest
₹736
13-Mar-27 : Interest
₹736
13-Apr-27 : Interest
₹736
13-May-27 : Interest
₹736
13-Jun-27 : Interest
₹736
13-Jul-27 : Interest
₹736
13-Aug-27 : Interest
₹736
13-Sep-27 : Interest
₹736
13-Oct-27 : Interest
₹736
13-Nov-27 : Interest
₹736
13-Dec-27 : Interest
₹736
13-Jan-28 : Interest
₹736
13-Feb-28 : Interest
₹736
13-Mar-28 : Interest
₹736
13-Apr-28 : Interest
₹736
13-May-28 : Interest
₹736
13-Jun-28 : Interest
₹736
13-Jul-28 : Interest
₹736
13-Aug-28 : Interest
₹736
13-Sep-28 : Interest
₹736
13-Oct-28 : Interest
₹736
13-Nov-28 : Interest
₹736
13-Dec-28 : Interest
₹736
13-Jan-29 : Interest
₹736
13-Feb-29 : Interest
₹736
13-Mar-29 : Interest
-₹110
13-Mar-29 : Interest
-₹110
13-Mar-29 : Interest
₹1,88,179
13-Mar-29 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹88,179)

Summary

Instrument Attributes

Value

Coupon Rate

8.84%

Returns

High

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE027E07980 issued by L&t Finance Limited

The instrument name of INE027E07980 ISIN is L&T FINANCE LIMITED SR VI OPT 1 8.84 LOA 13MR29 FVRS1000.
The interest earned from INE027E07980 bond issued by L&t Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE027E07980 bond issued by L&t Finance Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.84%, which determines the periodic interest payments made to bondholders.
The INE027E07980 Debenture is issued by L&t Finance Limited, a Private Sector company.
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