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Instrument Details

ISIN: INE535H07308

Face value

₹10,00,000

Coupon rate

9.85%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

40

Instrument Type

Debenture

Returns

High

Date of Issue

22 May 2013

Maturity Date

22 May 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Fully Convertible

About this Bond

FULLERTON INDIA CREDIT COMPANY LTD 9.85 NCD 22MY23 FVRS10LAC LOA UPTO 19AG13
Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H07308, with a face value of ₹10,00,000 rs on 22May13 to raise 40 crores. The debt instrument is issued with a coupon rate of 9.85% 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 9.85% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 22/05/2023. This instrument is issued in Bonus mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Jun13 & on NSE stock exchange on 04Jun13. ICRA LIMITED has given AAA rating to this Debenture on 13Jun23. This issuer is formerly known as FIRST INDIA CREDIT CORPORATION LTD, DOVE 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
AAA
Highest Safety
AAA
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Date Verified
14 Jun 2023
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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

9.85%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE535H07308 issued by Fullerton India Credit Company Ltd

The instrument name of INE535H07308 ISIN is FULLERTON INDIA CREDIT COMPANY LTD 9.85 NCD 22MY23 FVRS10LAC LOA UPTO 19AG13.
The interest earned from the INE535H07308 bond issued by Fullerton India Credit Company Ltd is paid at the time of maturity
This INE535H07308 bond issued by Fullerton India Credit Company Ltd has been assigned a credit rating of AAA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.85%, which determines the periodic interest payments made to bondholders.
The INE535H07308 Debenture is issued by Fullerton India Credit Company Ltd, a Private Sector company.
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