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Instrument Details

ISIN: INE756I08082

Face value

₹10,00,000

Coupon rate

9.55%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Bond

Returns

High

Date of Issue

13 Nov 2014

Maturity Date

13 Nov 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

HDB FINANCIAL SERVICES LIMITED SR- I/1/8 9.55 BD 13NV24 FVRS10LAC
Hdb Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE756I08082, with a face value of ₹10,00,000 rs on 13Nov14 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.55% 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 Bond is 9.55% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATE BOND. SERIES 2014 I/1/8. DATE OF MATURITY 13/11/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 27Nov14. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 20Oct14. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured
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
13-Nov-14 : Your investment
₹95,50,000
13-Nov-15 : Interest
₹95,50,000
13-Nov-16 : Interest
₹95,50,000
13-Nov-17 : Interest
₹95,50,000
13-Nov-18 : Interest
₹95,50,000
13-Nov-19 : Interest
₹95,50,000
13-Nov-20 : Interest
₹95,50,000
13-Nov-21 : Interest
₹95,50,000
13-Nov-22 : Interest
₹95,50,000
13-Nov-23 : Interest
₹95,50,000
13-Nov-24 : Interest
₹19,55,00,000
13-Nov-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,55,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.55%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE756I08082 issued by Hdb Financial Services Limited

The instrument name of INE756I08082 ISIN is HDB FINANCIAL SERVICES LIMITED SR- I/1/8 9.55 BD 13NV24 FVRS10LAC.
The interest earned from INE756I08082 bond issued by Hdb Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE756I08082 bond issued by Hdb Financial Services Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 9.55%, which determines the periodic interest payments made to bondholders.
The INE756I08082 Bond is issued by Hdb Financial Services Limited, a Private Sector company.
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