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Instrument Details

ISIN: INE504L07CC9

Face value

₹1,00,000

Coupon rate

NIFTY 50 INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

0.7

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

08 Sep 2020

Maturity Date

25 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD B+ (CARE 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

RELIANCE FINANCIAL LIMITED SR B/200907 TY I BR NCD 25MR24 FVRS1LAC
Reliance Financial Limited, a Finance company, has floated Debenture, having ISIN value as INE504L07CC9, with a face value of ₹1,00,000 rs on 08Sep20 to raise 0.7 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 Secured Debenture is NIFTY 50 INDEX LINKED SECURED RATED LISTED REDEEMABLE NON PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURES SERIES B/200907 TYPE I. DATE OF MATURITY 25/03/2024. 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 23Dec20. CARE RATINGS LIMITED has given PP-MLD B+ rating to this Debenture on 08Sep20. This issuer is formerly known as R TRADE FINANCIAL SERVICES 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
B
High Risk
PP-MLD B+
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Date Verified
08 Feb 2024
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Outlook
No Outlook
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

NIFTY 50 INDEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD B+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE504L07CC9 issued by Reliance Financial Limited

The instrument name of INE504L07CC9 ISIN is RELIANCE FINANCIAL LIMITED SR B/200907 TY I BR NCD 25MR24 FVRS1LAC.
The interest earned from the INE504L07CC9 bond issued by Reliance Financial Limited is paid at the time of maturity
This INE504L07CC9 bond issued by Reliance Financial Limited has been assigned a credit rating of PP-MLD B+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE504L07CC9 bond issued by Reliance Financial Limited is NIFTY 50 INDEX LINKED.
The INE504L07CC9 Debenture is issued by Reliance Financial Limited, a Private Sector company.
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