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Instrument Details

ISIN: INE248U08143

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

5.8

Instrument Type

Debenture

Returns

Low

Date of Issue

11 May 2018

Maturity Date

01 Oct 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

IIFL WEALTH PRIME LIMITED SR-A3 NCD 10JN24 FVRS10LAC
Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U08143, with a face value of ₹10,00,000 rs on 11May18 to raise 5.8 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 Unsecured Debenture is ZERO COUPON UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE SUBORDINATED DEBENTURES. SERIES IIFLWF-ZERO COUPON- NCD-SERIES A3-JAN-2024. DATE OF MATURITY 10/01/2024. 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 31May18. ICRA LIMITED has given AA rating to this Debenture on 07Dec23. This issuer is formerly known as IIFL WEALTH FINANCE LIMITED, CHEPHIS CAPITAL MARKETS 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
AA
High Safety
AA
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Date Verified
08 Dec 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

AA

Seniority in Repayment

None

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 INE248U08143 issued by Iifl Wealth Prime Limited

The instrument name of INE248U08143 ISIN is IIFL WEALTH PRIME LIMITED SR-A3 NCD 10JN24 FVRS10LAC.
Never, as INE248U08143 bond issued by Iifl Wealth Prime Limited is a Zero-coupon bond.
This INE248U08143 bond issued by Iifl Wealth Prime Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE248U08143 bond issued by Iifl Wealth Prime Limited is 0%.
The INE248U08143 Debenture is issued by Iifl Wealth Prime Limited, a Private Sector company.
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