Instrument Details

ISIN: INE667F07IA7

Face value

₹10,00,000

Coupon rate

3M TBILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

195

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

15 Jun 2021

Maturity Date

14 Jun 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SUNDARAM HOME FINANCE LIMITED SR 323 BR NCD 14JU24 FVRS10LAC
Sundaram Home Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE667F07IA7, with a face value of ₹10,00,000 rs on 15Jun21 to raise 195 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED 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 3M TBILL LINKED SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 323. DATE OF MATURITY 14/06/2024. 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 18Jun21. CARE RATINGS LIMITED has given AA+ rating to this Debenture on 01Jan70. This issuer is formerly known as SUNDARAM BNP PARIBAS HOME FINANCE LIMITED, SUNDARAM HOME FINANCE 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
30 Jun 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3M TBILL LINKED

Returns

Linked to Markets

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE667F07IA7 issued by Sundaram Home Finance Limited

The instrument name of INE667F07IA7 ISIN is SUNDARAM HOME FINANCE LIMITED SR 323 BR NCD 14JU24 FVRS10LAC.
The interest earned from INE667F07IA7 bond issued by Sundaram Home Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE667F07IA7 bond issued by Sundaram Home Finance Limited has been assigned a credit rating of AA+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE667F07IA7 bond issued by Sundaram Home Finance Limited is 3M TBILL LINKED.
The INE667F07IA7 Debenture is issued by Sundaram Home Finance Limited, a Private Sector company.