The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE528S08027

Face value

₹10,00,000

Coupon rate

9.95%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

12

Instrument Type

Debenture

Returns

High

Date of Issue

10 Oct 2016

Maturity Date

09 Oct 2026

Perpetual

Yes

Listing Status

Listed

Rating status

A (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

EDELWEISS RETAIL FINANCE LIMITED 9.95 NCD 09OT26 FVRS10LAC
Edelweiss Retail Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE528S08027, with a face value of ₹10,00,000 rs on 10Oct16 to raise 12 crores. The debt instrument is issued with a coupon rate of 9.95% 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 Unsecured Debenture is 9.95% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 09/10/2026. 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 04Nov16. CARE Ratings Limited has given A rating to this Debenture on 10Oct16. 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
check
Date Verified
04 Jan 2024
check
Outlook
Stable
logo
Seniority in Repayment
Subordinate Tier 1
logo
Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

9.95%

Returns

High

Bond Rating

A

Seniority in Repayment

Subordinate Tier 1

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 INE528S08027 issued by Edelweiss Retail Finance Limited

The instrument name of INE528S08027 ISIN is EDELWEISS RETAIL FINANCE LIMITED 9.95 NCD 09OT26 FVRS10LAC.
The interest earned from INE528S08027 bond issued by Edelweiss Retail Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE528S08027 bond issued by Edelweiss Retail Finance Limited has been assigned a credit rating of A by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.95%, which determines the periodic interest payments made to bondholders.
The INE528S08027 Debenture is issued by Edelweiss Retail Finance Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow