Instrument Details

ISIN: INE306N07KK1

Face value

₹10,00,000

Coupon rate

9.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

321.5

Instrument Type

Debenture

Returns

High

Date of Issue

19 Dec 2018

Maturity Date

19 Dec 2023

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

TATA CAPITAL FINANCIAL SERVICES LIMITED SR H OPT I 9.25 NCD 19DC23 FVRS10LAC
Tata Capital Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE306N07KK1, with a face value of ₹10,00,000 rs on 19Dec18 to raise 321.5 crores. The debt instrument is issued with a coupon rate of 9.25% 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 9.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TCFSL NCD H SERIES OPTION I. DATE OF MATURITY 19/12/2023. 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 27Dec18 & on BSE stock exchange on 27Dec18. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 19Oct18. 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
19-Dec-18 : Your investment
₹92,50,000
19-Dec-19 : Interest
₹92,50,000
19-Dec-20 : Interest
₹92,50,000
19-Dec-21 : Interest
₹92,50,000
19-Dec-22 : Interest
₹92,50,000
19-Dec-23 : Interest
₹14,62,50,000
19-Dec-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,62,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.25%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE306N07KK1 issued by Tata Capital Financial Services Limited

The instrument name of INE306N07KK1 ISIN is TATA CAPITAL FINANCIAL SERVICES LIMITED SR H OPT I 9.25 NCD 19DC23 FVRS10LAC.
The interest earned from INE306N07KK1 bond issued by Tata Capital Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE306N07KK1 bond issued by Tata Capital Financial Services 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 9.25%, which determines the periodic interest payments made to bondholders.
The INE306N07KK1 Debenture is issued by Tata Capital Financial Services Limited, a Private Sector company.