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Instrument Details

ISIN: INE831R07276

Face value

₹10,00,000

Coupon rate

8%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

400

Instrument Type

Debenture

Returns

Medium

Date of Issue

17 Apr 2020

Maturity Date

17 May 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 A1 FY 2020-21 8 NCD 17MY23 FVRS10LAC
Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R07276, with a face value of ₹10,00,000 rs on 17Apr20 to raise 400 crores. The debt instrument is issued with a coupon rate of 8% 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 8% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES ABHFL NCD A1 FY 2020-21-MAY17,2023. MATURITY DATE 17/05/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 24Apr20 & on BSE stock exchange on 23Apr20. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 08Apr20. 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
17 May 2023
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Outlook
Stable
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
17-Apr-20 : Your investment
₹80,00,000
17-Apr-21 : Interest
₹80,00,000
17-Apr-22 : Interest
₹80,00,000
17-Apr-23 : Interest
₹12,40,00,000
17-May-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,40,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8%

Returns

Medium

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 INE831R07276 issued by Aditya Birla Housing Finance Limited

The instrument name of INE831R07276 ISIN is ADITYA BIRLA HOUSING FINANCE LIMITED SR A1 FY 2020-21 8 NCD 17MY23 FVRS10LAC.
The interest earned from INE831R07276 bond issued by Aditya Birla Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE831R07276 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.
This Debenture offers a coupon rate of 8%, which determines the periodic interest payments made to bondholders.
The INE831R07276 Debenture is issued by Aditya Birla Housing Finance Limited, a Private Sector company.
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