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Instrument Details

ISIN: INE909H08444

Face value

₹10,00,000

Coupon rate

7.70%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

600

Instrument Type

Debenture

Returns

Medium

Date of Issue

25 Feb 2022

Maturity Date

25 Feb 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

Senior

Guarantee Type

Non Convertible

About this Bond

TMF HOLDINGS LIMITED SR E 7.70 NCD 25FB25 FVRS10LAC
Tmf Holdings Limited, a Holding Company company, has floated Debenture, having ISIN value as INE909H08444, with a face value of ₹10,00,000 rs on 25Feb22 to raise 600 crores. The debt instrument is issued with a coupon rate of 7.70% 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 7.7% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES TMFHL Unsecured NCD E FY 21-22. MATURITY DATE 25/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 02Mar22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 17Feb22. This issuer is formerly known as TATA MOTORS FINANCE LIMITED, TML FINANCIAL SERVICES 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
AA
High Safety
AA
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Date Verified
02 Feb 2024
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Outlook
Positive
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Seniority in Repayment
Senior
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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
25-Feb-22 : Your investment
₹77,00,000
25-Feb-23 : Interest
₹77,00,000
25-Feb-24 : Interest
₹77,00,000
25-Feb-25 : Interest
₹12,31,00,000
25-Feb-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,31,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.70%

Returns

Medium

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Holding Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE909H08444 issued by Tmf Holdings Limited

The instrument name of INE909H08444 ISIN is TMF HOLDINGS LIMITED SR E 7.70 NCD 25FB25 FVRS10LAC.
The interest earned from INE909H08444 bond issued by Tmf Holdings Limited is paid Annually, ensuring regular and consistent income for investors.
This INE909H08444 bond issued by Tmf Holdings 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 7.7%, which determines the periodic interest payments made to bondholders.
The INE909H08444 Debenture is issued by Tmf Holdings Limited, a Private Sector company.
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