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9.25% Tata Capital Financial Services Limited - AAA Rated (INE306N07KK1)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE306N07KK1
Face value
₹10,00,000
Coupon rate
9.25%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
321.5
Instrument Type
Debenture
Returns
High
Date of Issue
19 Dec 2018
Maturity Date
19 Dec 2023
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (CRISIL Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
TATA CAPITAL FINANCIAL SERVICES LIMITED SR H OPT I 9.25 NCD 19DC23 FVRS10LAC
Tata Capital Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE306N07KK1, with a face value of ₹10,00,000 rs on 19Dec18 to raise 321.5 crores. The debt instrument
is issued with a coupon rate of 9.25% 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 Secured
Debenture is 9.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TCFSL NCD H SERIES OPTION I. DATE OF MATURITY 19/12/2023. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on NSE stock
exchange on 27Dec18 & on BSE stock exchange on 27Dec18. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 19Oct18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
19-Dec-18 : Your investment
₹92,50,000
19-Dec-19 : Interest
₹92,50,000
19-Dec-20 : Interest
₹92,50,000
19-Dec-21 : Interest
₹92,50,000
19-Dec-22 : Interest
₹92,50,000
19-Dec-23 : Interest
₹14,62,50,000
19-Dec-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,62,50,000)
Summary
Instrument Attributes
Value
Coupon Rate
9.25%
Returns
High
Bond Rating
AAA
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Tata Capital Financial Services Limited
FAQs about INE306N07KK1 issued by Tata Capital Financial Services Limited
What is the instrument name of INE306N07KK1 ISIN?
The instrument name of INE306N07KK1 ISIN is TATA CAPITAL FINANCIAL SERVICES LIMITED SR H OPT I 9.25 NCD 19DC23 FVRS10LAC.
How frequently is the interest paid on INE306N07KK1 bond issued by Tata Capital Financial Services Limited?
The interest earned from INE306N07KK1 bond issued by Tata Capital Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE306N07KK1 bond issued by Tata Capital Financial Services Limited?
This INE306N07KK1 bond issued by Tata Capital Financial Services Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE306N07KK1 bond issued by Tata Capital Financial Services Limited?
This Debenture offers a coupon rate of 9.25%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE306N07KK1 Debenture?
The INE306N07KK1 Debenture is issued by Tata Capital Financial Services Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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