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Instrument Details

ISIN: INE860H07HR0

Face value

₹10,00,000

Coupon rate

3M TBILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

21 Jan 2022

Maturity Date

21 Jan 2025

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

Senior

Guarantee Type

Non Convertible

About this Bond

ADITYA BIRLA FINANCE LIMITED SR J1 BR NCD 21JN25 FVRS10LAC
Aditya Birla Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE860H07HR0, with a face value of ₹10,00,000 rs on 21Jan22 to raise 500 crores. The debt instrument is issued with a coupon rate of 3M 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 3M TBILL LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURES. ABFL NCD SERIES J1 FY2021-22.DATE OF MATURITY 21/01/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24Jan22 & on NSE stock exchange on 24Jan22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 05Apr21. This issuer is formerly known as BIRLA GLOBAL FINANCE COMPANY 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
17 Jul 2023
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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

3M TBILL LINKED

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Veraval
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE860H07HR0 issued by Aditya Birla Finance Limited

The instrument name of INE860H07HR0 ISIN is ADITYA BIRLA FINANCE LIMITED SR J1 BR NCD 21JN25 FVRS10LAC.
The interest earned from INE860H07HR0 bond issued by Aditya Birla Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE860H07HR0 bond issued by Aditya Birla 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 INE860H07HR0 bond issued by Aditya Birla Finance Limited is 3M TBILL LINKED.
The INE860H07HR0 Debenture is issued by Aditya Birla Finance Limited, a Private Sector company.
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