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Instrument Details

ISIN: INE528S07144

Face value

₹10,00,000

Coupon rate

9.75%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

175

Instrument Type

Debenture

Returns

High

Date of Issue

03 Jul 2020

Maturity Date

07 Mar 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

A+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

EDELWEISS RETAIL FINANCE LIMITED SR I 9.75 NCD 03JL23 FVRS10LAC
Edelweiss Retail Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE528S07144, with a face value of ₹10,00,000 rs on 03Jul20 to raise 175 crores. The debt instrument is issued with a coupon rate of 9.75% and its interest is paid Semi 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 9.75% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 03/07/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 22Jun20. This issuer is formerly known as AFFLUENT DEALCOM LTD, AFFLUENT DEALCOM PRIVATE 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
A
Adequate Safety
A+
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Date Verified
19 Dec 2023
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Outlook
Stable
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Seniority in Repayment
None
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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
03-Jul-20 : Your investment
₹48,75,000
03-Jan-21 : Interest
₹48,75,000
03-Jul-21 : Interest
₹48,75,000
03-Jan-22 : Interest
₹48,75,000
03-Jul-22 : Interest
₹48,75,000
03-Jan-23 : Interest
₹12,43,75,000
07-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,43,75,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.75%

Returns

High

Bond Rating

A+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE528S07144 issued by Edelweiss Retail Finance Limited

The instrument name of INE528S07144 ISIN is EDELWEISS RETAIL FINANCE LIMITED SR I 9.75 NCD 03JL23 FVRS10LAC.
The interest earned from INE528S07144 bond issued by Edelweiss Retail Finance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE528S07144 bond issued by Edelweiss Retail Finance Limited has been assigned a credit rating of A+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
The INE528S07144 Debenture is issued by Edelweiss Retail Finance Limited, a Private Sector company.
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