Instrument Details

ISIN: INE306N07MJ9

Face value

₹10,00,000

Coupon rate

3M TBILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

02 Aug 2021

Maturity Date

08 Feb 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (ICRA 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 D BR NCD 02AG24 FVRS10LAC
Tata Capital Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE306N07MJ9, with a face value of ₹10,00,000 rs on 02Aug21 to raise 200 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 RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TCFSL NCD D Series FY 2021-22. DATE OF MATURITY 02/08/2024. 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 03Aug21. ICRA LIMITED has given AAA rating to this Debenture on 09Jan24. 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
10 Jan 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3M TBILL LINKED

Returns

Linked to Markets

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 INE306N07MJ9 issued by Tata Capital Financial Services Limited

The instrument name of INE306N07MJ9 ISIN is TATA CAPITAL FINANCIAL SERVICES LIMITED SR D BR NCD 02AG24 FVRS10LAC.
The interest earned from INE306N07MJ9 bond issued by Tata Capital Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE306N07MJ9 bond issued by Tata Capital Financial Services Limited has been assigned a credit rating of AAA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE306N07MJ9 bond issued by Tata Capital Financial Services Limited is 3M TBILL LINKED.
The INE306N07MJ9 Debenture is issued by Tata Capital Financial Services Limited, a Private Sector company.