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Instrument Details

ISIN: INE866I08311

Face value

₹1,000

Coupon rate

0%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

5.7826

Instrument Type

Debenture

Returns

Low

Date of Issue

06 Sep 2019

Maturity Date

06 Jun 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA (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

IIFL FINANCE LIMITED SR VI NCD 06JU25 FVRS1000
Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE866I08311, with a face value of ₹1,000 rs on 06Sep19 to raise 5.7826 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid on Maturity. 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 UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES VI. DATE OF MATURITY 06/06/2025. 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
13 Mar 2024
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Outlook
No Outlook
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

AA

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 INE866I08311 issued by Iifl Finance Limited

The instrument name of INE866I08311 ISIN is IIFL FINANCE LIMITED SR VI NCD 06JU25 FVRS1000.
The interest earned from the INE866I08311 bond issued by Iifl Finance Limited is paid at the time of maturity
This INE866I08311 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.
The coupon rate of INE866I08311 bond issued by Iifl Finance Limited is 0%.
The INE866I08311 Debenture is issued by Iifl Finance Limited, a Private Sector company.
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