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Instrument Details

ISIN: INE477L07AN9

Face value

₹1,000

Coupon rate

8.20%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

52.6524

Instrument Type

Debenture

Returns

High

Date of Issue

03 Jan 2022

Maturity Date

01 Mar 2027

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IIFL HOME FINANCE LIMITED SR III TR II 8.20 NCD 03JN27 FVRS1000
Iifl Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477L07AN9, with a face value of ₹1,000 rs on 03Jan22 to raise 52.6524 crores. The debt instrument is issued with a coupon rate of 8.20% and its interest is paid Monthly. 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 8.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES III TRANCHE II. DATE OF MATURITY 03/01/2027.. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 05Jan22 & on NSE stock exchange on 05Jan22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 25Nov21. 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
21 Nov 2023
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Outlook
Positive
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
03-Jan-22 : Your investment
₹683
03-Feb-22 : Interest
₹683
03-Mar-22 : Interest
₹683
03-Apr-22 : Interest
₹683
03-May-22 : Interest
₹683
03-Jun-22 : Interest
₹683
03-Jul-22 : Interest
₹683
03-Aug-22 : Interest
₹683
03-Sep-22 : Interest
₹683
03-Oct-22 : Interest
₹683
03-Nov-22 : Interest
₹683
03-Dec-22 : Interest
₹683
03-Jan-23 : Interest
₹683
03-Feb-23 : Interest
₹683
03-Mar-23 : Interest
₹683
03-Apr-23 : Interest
₹683
03-May-23 : Interest
₹683
03-Jun-23 : Interest
₹683
03-Jul-23 : Interest
₹683
03-Aug-23 : Interest
₹683
03-Sep-23 : Interest
₹683
03-Oct-23 : Interest
₹683
03-Nov-23 : Interest
₹683
03-Dec-23 : Interest
₹683
03-Jan-24 : Interest
₹683
03-Feb-24 : Interest
₹683
03-Mar-24 : Interest
₹683
03-Apr-24 : Interest
₹683
03-May-24 : Interest
₹683
03-Jun-24 : Interest
₹683
03-Jul-24 : Interest
₹683
03-Aug-24 : Interest
₹683
03-Sep-24 : Interest
₹683
03-Oct-24 : Interest
₹683
03-Nov-24 : Interest
₹683
03-Dec-24 : Interest
₹683
03-Jan-25 : Interest
₹683
03-Feb-25 : Interest
₹683
03-Mar-25 : Interest
₹683
03-Apr-25 : Interest
₹683
03-May-25 : Interest
₹683
03-Jun-25 : Interest
₹683
03-Jul-25 : Interest
₹683
03-Aug-25 : Interest
₹683
03-Sep-25 : Interest
₹683
03-Oct-25 : Interest
₹683
03-Nov-25 : Interest
₹683
03-Dec-25 : Interest
₹683
03-Jan-26 : Interest
₹683
03-Feb-26 : Interest
₹683
03-Mar-26 : Interest
₹683
03-Apr-26 : Interest
₹683
03-May-26 : Interest
₹683
03-Jun-26 : Interest
₹683
03-Jul-26 : Interest
₹683
03-Aug-26 : Interest
₹683
03-Sep-26 : Interest
₹683
03-Oct-26 : Interest
₹683
03-Nov-26 : Interest
₹683
03-Dec-26 : Interest
₹683
03-Jan-27 : Interest
₹683
03-Feb-27 : Interest
-₹102
01-Mar-27 : Interest
-₹102
01-Mar-27 : Interest
₹1,41,478
01-Mar-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹41,478)

Summary

Instrument Attributes

Value

Coupon Rate

8.20%

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 INE477L07AN9 issued by Iifl Home Finance Limited

The instrument name of INE477L07AN9 ISIN is IIFL HOME FINANCE LIMITED SR III TR II 8.20 NCD 03JN27 FVRS1000.
The interest earned from INE477L07AN9 bond issued by Iifl Home Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE477L07AN9 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 8.2%, which determines the periodic interest payments made to bondholders.
The INE477L07AN9 Debenture is issued by Iifl Home Finance Limited, a Private Sector company.
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