Instrument Details

ISIN: INE115A07HU8

Face value

₹10,00,000

Coupon rate

8.55%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

High

Date of Issue

17 Aug 2015

Maturity Date

14 Aug 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (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

LIC HOUSING FINANCE LIMITED 8.55 NCD 14AG25 FVRS10LAC LOA UPTO 09NV15
Lic Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE115A07HU8, with a face value of ₹10,00,000 rs on 17Aug15 to raise 500 crores. The debt instrument is issued with a coupon rate of 8.55% 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 8.55% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. TRANCHE 265. DATE OF MATURITY 14/08/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 31Aug15 & on BSE stock exchange on 31Aug15. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 12Aug15. 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
28 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
17-Aug-15 : Your investment
₹85,50,000
17-Aug-16 : Interest
₹85,50,000
17-Aug-17 : Interest
₹85,50,000
17-Aug-18 : Interest
₹85,50,000
17-Aug-19 : Interest
₹85,50,000
17-Aug-20 : Interest
₹85,50,000
17-Aug-21 : Interest
₹85,50,000
17-Aug-22 : Interest
₹85,50,000
17-Aug-23 : Interest
₹85,50,000
17-Aug-24 : Interest
₹85,50,000
14-Aug-25 : Interest
₹18,55,00,000
14-Aug-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,55,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.55%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE115A07HU8 issued by Lic Housing Finance Limited

The instrument name of INE115A07HU8 ISIN is LIC HOUSING FINANCE LIMITED 8.55 NCD 14AG25 FVRS10LAC LOA UPTO 09NV15.
The interest earned from INE115A07HU8 bond issued by Lic Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE115A07HU8 bond issued by Lic Housing Finance Limited 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 8.55%, which determines the periodic interest payments made to bondholders.
The INE115A07HU8 Debenture is issued by Lic Housing Finance Limited, a Private Sector company.