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Instrument Details

ISIN: INE477L07AA6

Face value

₹10,00,000

Coupon rate

10.05%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

20 Mar 2019

Maturity Date

20 Mar 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IIFL HOME FINANCE LIMITED SERIES C13 10.05 NCD 20MR26 FVRS10LAC
Iifl Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477L07AA6, with a face value of ₹10,00,000 rs on 20Mar19 to raise 15 crores. The debt instrument is issued with a coupon rate of 10.05% 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 10.05% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES C13. MATURITY DATE : 20/03/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Debenture is listed on NSE stock exchange on 27Mar19 & on BSE stock exchange on 27Mar19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 20Feb19. This issuer is formerly known as INDIA INFOLINE HOUSING 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
AA
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Date Verified
13 Mar 2024
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Outlook
No Outlook
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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
20-Mar-19 : Your investment
₹1,00,50,000
20-Mar-20 : Interest
₹1,00,50,000
20-Mar-21 : Interest
₹1,00,50,000
20-Mar-22 : Interest
₹1,00,50,000
20-Mar-23 : Interest
₹1,00,50,000
20-Mar-24 : Interest
₹1,00,50,000
20-Mar-25 : Interest
₹1,00,50,000
20-Mar-26 : Interest
₹17,03,50,000
20-Mar-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,03,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.05%

Returns

High

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

FAQs about INE477L07AA6 issued by Iifl Home Finance Limited

The instrument name of INE477L07AA6 ISIN is IIFL HOME FINANCE LIMITED SERIES C13 10.05 NCD 20MR26 FVRS10LAC.
The interest earned from INE477L07AA6 bond issued by Iifl Home Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE477L07AA6 bond issued by Iifl Home Finance Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.05%, which determines the periodic interest payments made to bondholders.
The INE477L07AA6 Debenture is issued by Iifl Home Finance Limited, a Private Sector company.
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