Instrument Details

ISIN: INE217K07AY8

Face value

₹5,00,000

Coupon rate

NIFTY 50 INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

42.55

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

13 Dec 2017

Maturity Date

13 Dec 2027

Perpetual

Yes

Listing Status

Listed

Rating status

D (BRICKWORK Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

RELIANCE HOME FINANCE LIMITED SR-M/38 BR NCD 13DC27 FVRS5LAC
Reliance Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE217K07AY8, with a face value of ₹5,00,000 rs on 13Dec17 to raise 42.55 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX LINKED 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 Secured Debenture is NIFTY 50 INDEX LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES RHFL M/38. DATE OF MATURITY 13/12/2027. 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 29Dec17. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 08Dec17. 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
24 Sep 2019
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Outlook
-
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

NIFTY 50 INDEX LINKED

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

None

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 INE217K07AY8 issued by Reliance Home Finance Limited

The instrument name of INE217K07AY8 ISIN is RELIANCE HOME FINANCE LIMITED SR-M/38 BR NCD 13DC27 FVRS5LAC.
The interest earned from the INE217K07AY8 bond issued by Reliance Home Finance Limited is paid at the time of maturity
This INE217K07AY8 bond issued by Reliance Home Finance Limited has been assigned a credit rating of D by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE217K07AY8 bond issued by Reliance Home Finance Limited is NIFTY 50 INDEX LINKED.
The INE217K07AY8 Debenture is issued by Reliance Home Finance Limited, a Private Sector company.