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Instrument Details

ISIN: INE692Q07324

Face value

₹10,00,000

Coupon rate

5.74%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

275

Instrument Type

Debenture

Returns

Medium

Date of Issue

12 Mar 2021

Maturity Date

03 Dec 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

None

Guarantee Type

Non Convertible

About this Bond

TOYOTA FINANCIAL SERVICES INDIA LIMITED SR 28 5.735 LOA 12MR24 FVRS10LAC
Toyota Financial Services India Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE692Q07324, with a face value of ₹10,00,000 rs on 12Mar21 to raise 275 crores. The debt instrument is issued with a coupon rate of 5.74% 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 5.735% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES 28. DATE OF MATURITY: 12/03/2024. 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 16Mar21. ICRA LIMITED has given AAA rating to this Debenture on 25Jun24. 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
26 Jun 2024
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
12-Mar-21 : Your investment
₹57,40,000
12-Mar-22 : Interest
₹57,40,000
12-Mar-23 : Interest
₹57,40,000
12-Mar-24 : Interest
₹41,98,849
03-Dec-24 : Interest
₹12,14,18,849
03-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,14,18,849)

Summary

Instrument Attributes

Value

Coupon Rate

5.74%

Returns

Medium

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
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE692Q07324 issued by Toyota Financial Services India Limited

The instrument name of INE692Q07324 ISIN is TOYOTA FINANCIAL SERVICES INDIA LIMITED SR 28 5.735 LOA 12MR24 FVRS10LAC.
The interest earned from INE692Q07324 bond issued by Toyota Financial Services India Limited is paid Annually, ensuring regular and consistent income for investors.
This INE692Q07324 bond issued by Toyota Financial Services India Limited has been assigned a credit rating of AAA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 5.74%, which determines the periodic interest payments made to bondholders.
The INE692Q07324 Debenture is issued by Toyota Financial Services India Limited, a Private Sector company.
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