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Instrument Details

ISIN: INE146O08191

Face value

₹10,00,000

Coupon rate

9.75%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

75

Instrument Type

Debenture

Returns

High

Date of Issue

26 Mar 2021

Maturity Date

25 Sep 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL 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

HINDUJA LEYLAND FINANCE LIMITED 9.75 NCD 25SP26 FVRS10LAC
Hinduja Leyland Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE146O08191, with a face value of ₹10,00,000 rs on 26Mar21 to raise 75 crores. The debt instrument is issued with a coupon rate of 9.75% 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 9.75% UNSECURED RATED LISTED TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 25/09/2026. 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 30Mar21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 03Mar21. 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
20 Mar 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
26-Mar-21 : Your investment
₹97,50,000
26-Mar-22 : Interest
₹97,50,000
26-Mar-23 : Interest
₹97,50,000
26-Mar-24 : Interest
₹97,50,000
26-Mar-25 : Interest
₹97,50,000
26-Mar-26 : Interest
₹49,15,068
25-Sep-26 : Interest
₹15,36,65,068
25-Sep-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,36,65,068)

Summary

Instrument Attributes

Value

Coupon Rate

9.75%

Returns

High

Bond Rating

AA

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
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE146O08191 issued by Hinduja Leyland Finance Limited

The instrument name of INE146O08191 ISIN is HINDUJA LEYLAND FINANCE LIMITED 9.75 NCD 25SP26 FVRS10LAC.
The interest earned from INE146O08191 bond issued by Hinduja Leyland Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE146O08191 bond issued by Hinduja Leyland 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 9.75%, which determines the periodic interest payments made to bondholders.
The INE146O08191 Debenture is issued by Hinduja Leyland Finance Limited, a Private Sector company.
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