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Instrument Details

ISIN: INE530B07138

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

71.4253

Instrument Type

Debenture

Returns

Low

Date of Issue

14 Oct 2021

Maturity Date

14 Oct 2023

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 + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IIFL FINANCE LIMITED SR II TR II NCD 14OT23 FVRS1000
Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE530B07138, with a face value of ₹1,000 rs on 14Oct21 to raise 71.4253 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED RATED CUMMULATIVE LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES II DATE OF MATURITY 14/10/2023. 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 18Oct21 & on NSE stock exchange on 18Oct21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 09Sep21. This issuer is formerly known as IIFL HOLDINGS LIMITED, INDIA INFOLINE LIMITED, INDIA INFOLINE.COM 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
08 Oct 2021
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

AA

Seniority in Repayment

Senior

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 INE530B07138 issued by Iifl Finance Limited

The instrument name of INE530B07138 ISIN is IIFL FINANCE LIMITED SR II TR II NCD 14OT23 FVRS1000.
Never, as INE530B07138 bond issued by Iifl Finance Limited is a Zero-coupon bond.
This INE530B07138 bond issued by Iifl 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.
The coupon rate of INE530B07138 bond issued by Iifl Finance Limited is 0%.
The INE530B07138 Debenture is issued by Iifl Finance Limited, a Private Sector company.
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