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Instrument Details

ISIN: INE413U08028

Face value

₹1,00,000

Coupon rate

NIFTY 50 INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

11

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

20 Jul 2018

Maturity Date

18 Apr 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD 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

IIFL SAMASTA FINANCE LIMITED BR NCD 18AP24 FVRS1LAC
Iifl Samasta Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE413U08028, with a face value of ₹1,00,000 rs on 20Jul18 to raise 11 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX LINKED and its interest is paid on Maturity. 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 NIFTY 50 INDEX LINKED UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/04/2024. 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 06Aug18. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 18Jul18. This issuer is formerly known as SAMASTA MICROFINANCE LIMITED, COLONAC FINANCE 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
PP-MLD AA-
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Date Verified
13 Mar 2024
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Outlook
No Outlook
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

NIFTY 50 INDEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD 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
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE413U08028 issued by Iifl Samasta Finance Limited

The instrument name of INE413U08028 ISIN is IIFL SAMASTA FINANCE LIMITED BR NCD 18AP24 FVRS1LAC.
The interest earned from the INE413U08028 bond issued by Iifl Samasta Finance Limited is paid at the time of maturity
This INE413U08028 bond issued by Iifl Samasta Finance Limited has been assigned a credit rating of PP-MLD AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE413U08028 bond issued by Iifl Samasta Finance Limited is NIFTY 50 INDEX LINKED.
The INE413U08028 Debenture is issued by Iifl Samasta Finance Limited, a Private Sector company.
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