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Instrument Details

ISIN: INE477A07340

Face value

₹10,00,000

Coupon rate

6.85%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

400

Instrument Type

Debenture

Returns

Medium

Date of Issue

30 Mar 2022

Maturity Date

30 Jun 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

CAN FIN HOMES LIMITED 6.85 LOA 30JU25 FVRS10LAC
Can Fin Homes Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477A07340, with a face value of ₹10,00,000 rs on 30Mar22 to raise 400 crores. The debt instrument is issued with a coupon rate of 6.85% 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 6.85% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 30/06/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 04Apr22. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 16Dec21. 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
13 Dec 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
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
30-Mar-22 : Your investment
₹68,50,000
30-Mar-23 : Interest
₹68,50,000
30-Mar-24 : Interest
₹68,50,000
30-Mar-25 : Interest
₹12,05,50,000
30-Jun-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,05,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

6.85%

Returns

Medium

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

FAQs about INE477A07340 issued by Can Fin Homes Limited

The instrument name of INE477A07340 ISIN is CAN FIN HOMES LIMITED 6.85 LOA 30JU25 FVRS10LAC.
The interest earned from INE477A07340 bond issued by Can Fin Homes Limited is paid Annually, ensuring regular and consistent income for investors.
This INE477A07340 bond issued by Can Fin Homes 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.
This Debenture offers a coupon rate of 6.85%, which determines the periodic interest payments made to bondholders.
The INE477A07340 Debenture is issued by Can Fin Homes Limited, a Private Sector company.
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