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Instrument Details

ISIN: INE849D08TV7

Face value

₹10,00,000

Coupon rate

8.70%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

450

Instrument Type

Debenture

Returns

High

Date of Issue

28 Apr 2016

Maturity Date

28 Apr 2026

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

ICICI SECURITIES PRIMARY DEALERSHIP LTD SR-I 8.7 NCD 28AP26 FVRS10LAC
Icici Securities Primary Dealership Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE849D08TV7, with a face value of ₹10,00,000 rs on 28Apr16 to raise 450 crores. The debt instrument is issued with a coupon rate of 8.70% 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 8.70% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I/2016-17 . DATE OF MATURITY 28/04/2026. 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 12May16. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 26Apr16. This issuer is formerly known as ICICI SECURITIES LTD. 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
01 Mar 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
28-Apr-16 : Your investment
₹87,00,000
28-Apr-17 : Interest
₹87,00,000
28-Apr-18 : Interest
₹87,00,000
28-Apr-19 : Interest
₹87,00,000
28-Apr-20 : Interest
₹87,00,000
28-Apr-21 : Interest
₹87,00,000
28-Apr-22 : Interest
₹87,00,000
28-Apr-23 : Interest
₹87,00,000
28-Apr-24 : Interest
₹87,00,000
28-Apr-25 : Interest
₹87,00,000
28-Apr-26 : Interest
₹18,70,00,000
28-Apr-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,70,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.70%

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
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE849D08TV7 issued by Icici Securities Primary Dealership Ltd

The instrument name of INE849D08TV7 ISIN is ICICI SECURITIES PRIMARY DEALERSHIP LTD SR-I 8.7 NCD 28AP26 FVRS10LAC.
The interest earned from INE849D08TV7 bond issued by Icici Securities Primary Dealership Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE849D08TV7 bond issued by Icici Securities Primary Dealership Ltd has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.7%, which determines the periodic interest payments made to bondholders.
The INE849D08TV7 Debenture is issued by Icici Securities Primary Dealership Ltd, a Private Sector company.
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