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Instrument Details

ISIN: INE831R07268

Face value

₹10,00,000

Coupon rate

Variable Coupon

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

17 Feb 2020

Maturity Date

17 Feb 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA 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

ADITYA BIRLA HOUSING FINANCE LIMITED SR K1 FY 2019-20 RR NCD 17FB23 FVRS10LAC
Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R07268, with a face value of ₹10,00,000 rs on 17Feb20 to raise 25 crores. The debt instrument is issued with a coupon rate of 12 MONTH T-BILL LINKED-REFER REMARKS 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 12 MONTH T-BILL RATE LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. ABHFL NCD SERIES K1 FY 2019-20-FEBRUARY 17,2023. DATE OF MATURITY 17/02/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 25Feb20 & on NSE stock exchange on 28Feb20. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 15Feb19. This issuer is formerly known as LIL INVESTMENT 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
05 Apr 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE831R07268 issued by Aditya Birla Housing Finance Limited

The instrument name of INE831R07268 ISIN is ADITYA BIRLA HOUSING FINANCE LIMITED SR K1 FY 2019-20 RR NCD 17FB23 FVRS10LAC.
The interest earned from INE831R07268 bond issued by Aditya Birla Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE831R07268 bond issued by Aditya Birla Housing Finance Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE831R07268 bond issued by Aditya Birla Housing Finance Limited is 12 MONTH T-BILL LINKED-REFER REMARKS.
The INE831R07268 Debenture is issued by Aditya Birla Housing Finance Limited, a Private Sector company.
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