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Instrument Details

ISIN: INE614X07084

Face value

₹1,000

Coupon rate

11%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

26.0712

Instrument Type

Debenture

Returns

High

Date of Issue

08 Mar 2019

Maturity Date

03 Aug 2024

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

DHANI LOANS AND SERVICES LIMITED SR VII CAT I-IV 11 LOA 08MR24 FVRS1000
Dhani Loans And Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE614X07084, with a face value of ₹1,000 rs on 08Mar19 to raise 26.0712 crores. The debt instrument is issued with a coupon rate of 11% 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 Secured Debenture is 11% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES VII. DATE OF MATURITY 08/03/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 12Mar19 & on BSE stock exchange on 12Mar19. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 08Mar19. This issuer is formerly known as INDIABULLS CONSUMER FINANCE LIMITED, IVL FINANCE LIMITED, SHIVSHAKTI 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
08-Mar-19 : Your investment
₹11,000
08-Mar-20 : Interest
₹11,000
08-Mar-21 : Interest
₹11,000
08-Mar-22 : Interest
₹11,000
08-Mar-23 : Interest
₹11,000
08-Mar-24 : Interest
₹1,55,000
03-Aug-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹55,000)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE614X07084 issued by Dhani Loans And Services Limited

The instrument name of INE614X07084 ISIN is DHANI LOANS AND SERVICES LIMITED SR VII CAT I-IV 11 LOA 08MR24 FVRS1000.
The interest earned from INE614X07084 bond issued by Dhani Loans And Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE614X07084 bond issued by Dhani Loans And Services Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE614X07084 Debenture is issued by Dhani Loans And Services Limited, a Private Sector company.
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