Instrument Details

ISIN: INE217K07AF7

Face value

₹1,000

Coupon rate

9%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

12.8169

Instrument Type

Debenture

Returns

High

Date of Issue

03 Jan 2017

Maturity Date

01 Mar 2027

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE 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

RELIANCE HOME FINANCE LIMITED SR-III CAT I & II 9 NCD 03JN27 FVRS1000
Reliance Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE217K07AF7, with a face value of ₹1,000 rs on 03Jan17 to raise 12.8169 crores. The debt instrument is issued with a coupon rate of 9% 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 9% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES III. CATEGORY I & II. DATE OF MATURITY 03/01/2027. 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 06Jan17 & on NSE stock exchange on 06Jan17. CARE Ratings Limited has given D rating to this Debenture on 22Dec16. This issuer is formerly known as RELIANCE HOME FINANCE PRIVATE LIMITED, RELIANCE HOMES FINANCE PRIVATE 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
D
Default or Expect to Default
D
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Date Verified
03 Mar 2023
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Outlook
No Outlook
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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
03-Jan-17 : Your investment
₹9,000
03-Jan-18 : Interest
₹9,000
03-Jan-19 : Interest
₹9,000
03-Jan-20 : Interest
₹9,000
03-Jan-21 : Interest
₹9,000
03-Jan-22 : Interest
₹9,000
03-Jan-23 : Interest
₹9,000
03-Jan-24 : Interest
₹9,000
03-Jan-25 : Interest
₹9,000
03-Jan-26 : Interest
₹9,000
03-Jan-27 : Interest
₹1,90,000
01-Mar-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹90,000)

Summary

Instrument Attributes

Value

Coupon Rate

9%

Returns

High

Bond Rating

D

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 INE217K07AF7 issued by Reliance Home Finance Limited

The instrument name of INE217K07AF7 ISIN is RELIANCE HOME FINANCE LIMITED SR-III CAT I & II 9 NCD 03JN27 FVRS1000.
The interest earned from INE217K07AF7 bond issued by Reliance Home Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE217K07AF7 bond issued by Reliance Home Finance Limited has been assigned a credit rating of D by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9%, which determines the periodic interest payments made to bondholders.
The INE217K07AF7 Debenture is issued by Reliance Home Finance Limited, a Private Sector company.