Instrument Details

ISIN: INE658R07125

Face value

₹10,00,000

Coupon rate

9.85%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

99.7

Instrument Type

Debenture

Returns

High

Date of Issue

27 Jul 2016

Maturity Date

15 May 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

MOTILAL OSWAL HOME FINANCE LIMITED SR-A 9.85 NCD 15MY23 FVRS10LAC
Motilal Oswal Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE658R07125, with a face value of ₹10,00,000 rs on 27Jul16 to raise 99.7 crores. The debt instrument is issued with a coupon rate of 9.85% and its interest is paid Semi 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 9.85% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 15/05/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 08Aug16. ICRA LIMITED has given AA rating to this Debenture on 05Aug22. This issuer is formerly known as ASPIRE HOME FINANCE CORPORATION 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
check
Date Verified
08 Aug 2022
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
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
27-Jul-16 : Your investment
₹49,25,000
27-Jan-17 : Interest
₹49,25,000
27-Jul-17 : Interest
₹49,25,000
27-Jan-18 : Interest
₹49,25,000
27-Jul-18 : Interest
₹49,25,000
27-Jan-19 : Interest
₹49,25,000
27-Jul-19 : Interest
₹49,25,000
27-Jan-20 : Interest
₹49,25,000
27-Jul-20 : Interest
₹49,25,000
27-Jan-21 : Interest
₹49,25,000
27-Jul-21 : Interest
₹49,25,000
27-Jan-22 : Interest
₹49,25,000
27-Jul-22 : Interest
₹49,25,000
27-Jan-23 : Interest
₹14,50,138
15-May-23 : Interest
₹16,54,75,138
15-May-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,54,75,138)

Summary

Instrument Attributes

Value

Coupon Rate

9.85%

Returns

High

Bond Rating

AA

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 INE658R07125 issued by Motilal Oswal Home Finance Limited

The instrument name of INE658R07125 ISIN is MOTILAL OSWAL HOME FINANCE LIMITED SR-A 9.85 NCD 15MY23 FVRS10LAC.
The interest earned from INE658R07125 bond issued by Motilal Oswal Home Finance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE658R07125 bond issued by Motilal Oswal Home Finance Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.85%, which determines the periodic interest payments made to bondholders.
The INE658R07125 Debenture is issued by Motilal Oswal Home Finance Limited, a Private Sector company.