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Instrument Details

ISIN: INE039A08197

Face value

₹10,00,000

Coupon rate

10.55%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Bond

Returns

High

Date of Issue

25 Aug 2011

Maturity Date

25 Aug 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB (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

IFCI LIMITED SR II 10.55 BD 25AG23 FVRS10LAC
Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE039A08197, with a face value of ₹10,00,000 rs on 25Aug11 to raise 200 crores. The debt instrument is issued with a coupon rate of 10.55% 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 Bond is 10.55% UNSECURED RATED LISTED NON CONVERTIBLE BOND IN THE FORM OF PROMISSORY NOTE SUBORDINATE TIER II. SERIES II. DATE OF MATURITY 25/08/2023.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BB rating to this Bond on 05Aug20. This issuer is formerly known as THE INDUSTRIAL FINANCE CORPORATION OF INDIA LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BB
Moderate Risk
BB
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Date Verified
27 Oct 2022
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Outlook
Negative
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
25-Aug-11 : Your investment
₹1,05,50,000
25-Aug-12 : Interest
₹1,05,50,000
25-Aug-13 : Interest
₹1,05,50,000
25-Aug-14 : Interest
₹1,05,50,000
25-Aug-15 : Interest
₹1,05,50,000
25-Aug-16 : Interest
₹1,05,50,000
25-Aug-17 : Interest
₹1,05,50,000
25-Aug-18 : Interest
₹1,05,50,000
25-Aug-19 : Interest
₹1,05,50,000
25-Aug-20 : Interest
₹1,05,50,000
25-Aug-21 : Interest
₹1,05,50,000
25-Aug-22 : Interest
₹1,05,50,000
25-Aug-23 : Interest
₹22,66,00,000
25-Aug-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹12,66,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.55%

Returns

High

Bond Rating

BB

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE039A08197 issued by Ifci Limited

The instrument name of INE039A08197 ISIN is IFCI LIMITED SR II 10.55 BD 25AG23 FVRS10LAC.
The interest earned from INE039A08197 bond issued by Ifci Limited is paid Annually, ensuring regular and consistent income for investors.
This INE039A08197 bond issued by Ifci Limited has been assigned a credit rating of BB by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 10.55%, which determines the periodic interest payments made to bondholders.
The INE039A08197 Bond is issued by Ifci Limited, a Private Sector company.
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