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Instrument Details

ISIN: INE800X07048

Face value

₹10,00,000

Coupon rate

TBILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

09 Feb 2022

Maturity Date

02 Jul 2025

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

HERO HOUSING FINANCE LIMITED SR 06 BR NCD 07FB25 FVRS10LAC
Hero Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE800X07048, with a face value of ₹10,00,000 rs on 09Feb22 to raise 150 crores. The debt instrument is issued with a coupon rate of TBILL LINKED 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 TBILL LINKED SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES HHFL/NCD/06. DATE OF MATURITY 07/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 15Feb22. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 28Jan22. 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
09 Feb 2022
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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

TBILL LINKED

Returns

Linked to Markets

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE800X07048 issued by Hero Housing Finance Limited

The instrument name of INE800X07048 ISIN is HERO HOUSING FINANCE LIMITED SR 06 BR NCD 07FB25 FVRS10LAC.
The interest earned from INE800X07048 bond issued by Hero Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE800X07048 bond issued by Hero Housing 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 INE800X07048 bond issued by Hero Housing Finance Limited is TBILL LINKED.
The INE800X07048 Debenture is issued by Hero Housing Finance Limited, a Private Sector company.
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