Instrument Details

ISIN: INE306N07MW2

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

261

Instrument Type

Debenture

Returns

Low

Date of Issue

26 Jul 2022

Maturity Date

09 Oct 2025

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 E OPT I NCD 10SP25 FVRS10LAC
Tata Capital Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE306N07MW2, with a face value of ₹10,00,000 rs on 26Jul22 to raise 261 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. TCFSL NCD E SERIES FY 2022-23 OPTION I. DATE OF MATURITY 10/09/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 28Jul22. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 08Jul22. 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 Jul 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

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 INE306N07MW2 issued by Tata Capital Financial Services Limited

The instrument name of INE306N07MW2 ISIN is TATA CAPITAL FINANCIAL SERVICES LIMITED SR E OPT I NCD 10SP25 FVRS10LAC.
Never, as INE306N07MW2 bond issued by Tata Capital Financial Services Limited is a Zero-coupon bond.
This INE306N07MW2 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.
The coupon rate of INE306N07MW2 bond issued by Tata Capital Financial Services Limited is 0%.
The INE306N07MW2 Debenture is issued by Tata Capital Financial Services Limited, a Private Sector company.