Instrument Details

ISIN: INE306N07LL7

Face value

₹1,000

Coupon rate

8.55%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

92.4814

Instrument Type

Debenture

Returns

High

Date of Issue

26 Aug 2019

Maturity Date

26 Aug 2027

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

None

Guarantee Type

Non Convertible

About this Bond

TATA CAPITAL FINANCIAL SERVICES LIMITED SR III CTG I-II 8.55 NCD 26AG27 FVRS1000
Tata Capital Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE306N07LL7, with a face value of ₹1,000 rs on 26Aug19 to raise 92.4814 crores. The debt instrument is issued with a coupon rate of 8.55% 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 8.55% SECURED LISTED RATED REDEEMABLE NON-CONVERTIBLE DEBENTURES . SERIES III TRANCHE II CATEGORY I & II. DATE OF MATURITY 26/08/2027. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 28Aug19 & on BSE stock exchange on 28Aug19. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 25Jul19. 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
None
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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
26-Aug-19 : Your investment
₹8,550
26-Aug-20 : Interest
₹8,550
26-Aug-21 : Interest
₹8,550
26-Aug-22 : Interest
₹8,550
26-Aug-23 : Interest
₹8,550
26-Aug-24 : Interest
₹8,550
26-Aug-25 : Interest
₹8,550
26-Aug-26 : Interest
₹8,550
26-Aug-27 : Interest
₹1,68,400
26-Aug-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹68,400)

Summary

Instrument Attributes

Value

Coupon Rate

8.55%

Returns

High

Bond Rating

AAA

Seniority in Repayment

None

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 INE306N07LL7 issued by Tata Capital Financial Services Limited

The instrument name of INE306N07LL7 ISIN is TATA CAPITAL FINANCIAL SERVICES LIMITED SR III CTG I-II 8.55 NCD 26AG27 FVRS1000.
The interest earned from INE306N07LL7 bond issued by Tata Capital Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE306N07LL7 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 8.55%, which determines the periodic interest payments made to bondholders.
The INE306N07LL7 Debenture is issued by Tata Capital Financial Services Limited, a Private Sector company.