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Instrument Details

ISIN: INE432R07299

Face value

₹10,00,000

Coupon rate

3MTBILL LINKED

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

04 Mar 2022

Maturity Date

03 Apr 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (INDIA 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

SHRIRAM HOUSING FINANCE LIMITED SR XX BR NCD 04MR25 FVRS10LAC
Shriram Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE432R07299, with a face value of ₹10,00,000 rs on 04Mar22 to raise 100 crores. The debt instrument is issued with a coupon rate of 3MTBILL LINKED and its interest is paid Quarterly. 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 3MTBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES XX.DATE OF MATURITY 04/03/2025. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Mar22. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 20Dec21. 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
17 Mar 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3MTBILL LINKED

Returns

Linked to Markets

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE432R07299 issued by Shriram Housing Finance Limited

The instrument name of INE432R07299 ISIN is SHRIRAM HOUSING FINANCE LIMITED SR XX BR NCD 04MR25 FVRS10LAC.
The interest earned from INE432R07299 bond issued by Shriram Housing Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE432R07299 bond issued by Shriram Housing Finance Limited has been assigned a credit rating of AA+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE432R07299 bond issued by Shriram Housing Finance Limited is 3MTBILL LINKED.
The INE432R07299 Debenture is issued by Shriram Housing Finance Limited, a Private Sector company.
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