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Instrument Details

ISIN: INE866I07CK1

Face value

₹1,000

Coupon rate

9.50%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

37.3001

Instrument Type

Debenture

Returns

High

Date of Issue

06 Sep 2019

Maturity Date

12 Jun 2022

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL 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

IIFL FINANCE LIMITED SR II 9.50 NCD 06DC22 FVRS1000
Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE866I07CK1, with a face value of ₹1,000 rs on 06Sep19 to raise 37.3001 crores. The debt instrument is issued with a coupon rate of 9.50% and its interest is paid Quarterly. 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 9.50% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES II. DATE OF MATURITY 06/12/2022. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Sep19 & on NSE stock exchange on 09Sep19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 10Jul19. This issuer is formerly known as IIFL HOLDINGS LIMITED, INDIA INFOLINE LIMITED, INDIA INFOLINE.COM 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
AA
High Safety
AA
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Date Verified
08 Feb 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
06-Sep-19 : Your investment
₹2,375
06-Dec-19 : Interest
₹2,375
06-Mar-20 : Interest
₹2,375
06-Jun-20 : Interest
₹2,375
06-Sep-20 : Interest
₹2,375
06-Dec-20 : Interest
₹2,375
06-Mar-21 : Interest
₹2,375
06-Jun-21 : Interest
₹2,375
06-Sep-21 : Interest
₹2,375
06-Dec-21 : Interest
₹2,375
06-Mar-22 : Interest
₹2,375
06-Jun-22 : Interest
₹1,26,125
12-Jun-22 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹26,125)

Summary

Instrument Attributes

Value

Coupon Rate

9.50%

Returns

High

Bond Rating

AA

Seniority in Repayment

Senior

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 INE866I07CK1 issued by Iifl Finance Limited

The instrument name of INE866I07CK1 ISIN is IIFL FINANCE LIMITED SR II 9.50 NCD 06DC22 FVRS1000.
The interest earned from INE866I07CK1 bond issued by Iifl Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE866I07CK1 bond issued by Iifl Finance Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.5%, which determines the periodic interest payments made to bondholders.
The INE866I07CK1 Debenture is issued by Iifl Finance Limited, a Private Sector company.
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