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Instrument Details

ISIN: INE831R08043

Face value

₹10,00,000

Coupon rate

8.99%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

35

Instrument Type

Debenture

Returns

High

Date of Issue

26 Jul 2016

Maturity Date

24 Jul 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA 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

ADITYA BIRLA HOUSING FINANCE LIMITED SR-SD4 8.99 NCD 24JL26 FVRS10LAC
Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R08043, with a face value of ₹10,00,000 rs on 26Jul16 to raise 35 crores. The debt instrument is issued with a coupon rate of 8.99% 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 Debenture is 8.99% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES ABHFL SUB DEBT SD4 FY 2016-17. DATE OF MATURITY 24/07/2026. 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 29Jul16 & on BSE stock exchange on 09Feb18. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 25Jul16. 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
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
26-Jul-16 : Your investment
₹89,90,000
26-Jul-17 : Interest
₹89,90,000
26-Jul-18 : Interest
₹89,90,000
26-Jul-19 : Interest
₹89,90,000
26-Jul-20 : Interest
₹89,90,000
26-Jul-21 : Interest
₹89,90,000
26-Jul-22 : Interest
₹89,90,000
26-Jul-23 : Interest
₹89,90,000
26-Jul-24 : Interest
₹89,90,000
26-Jul-25 : Interest
₹89,90,000
24-Jul-26 : Interest
₹18,99,00,000
24-Jul-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,99,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.99%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Subordinate Tier 2

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 INE831R08043 issued by Aditya Birla Housing Finance Limited

The instrument name of INE831R08043 ISIN is ADITYA BIRLA HOUSING FINANCE LIMITED SR-SD4 8.99 NCD 24JL26 FVRS10LAC.
The interest earned from INE831R08043 bond issued by Aditya Birla Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE831R08043 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 8.99%, which determines the periodic interest payments made to bondholders.
The INE831R08043 Debenture is issued by Aditya Birla Housing Finance Limited, a Private Sector company.
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