Instrument Details

ISIN: INE459T07033

Face value

₹10,00,000

Coupon rate

9.95%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

High

Date of Issue

28 Mar 2018

Maturity Date

27 Feb 2025

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (BRICKWORK Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

VASTU HOUSING FINANCE CORPORATION LIMITED SR-B 9.95 NCD 27FB25 FVRS10LAC
Vastu Housing Finance Corporation Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE459T07033, with a face value of ₹10,00,000 rs on 28Mar18 to raise 50 crores. The debt instrument is issued with a coupon rate of 9.95% and its interest is paid Monthly. 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 9.95% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 27/02/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Apr18. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given A+ rating to this Debenture on 22Feb18. This issuer is formerly known as VASTU FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+
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Date Verified
12 Jun 2020
check
Outlook
Positive
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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
28-Mar-18 : Your investment
₹8,29,166
28-Apr-18 : Interest
₹8,29,166
28-May-18 : Interest
₹8,29,166
28-Jun-18 : Interest
₹8,29,166
28-Jul-18 : Interest
₹8,29,166
28-Aug-18 : Interest
₹8,29,166
28-Sep-18 : Interest
₹8,29,166
28-Oct-18 : Interest
₹8,29,166
28-Nov-18 : Interest
₹8,29,166
28-Dec-18 : Interest
₹8,29,166
28-Jan-19 : Interest
₹8,29,166
28-Feb-19 : Interest
₹8,29,166
28-Mar-19 : Interest
₹8,29,166
28-Apr-19 : Interest
₹8,29,166
28-May-19 : Interest
₹8,29,166
28-Jun-19 : Interest
₹8,29,166
28-Jul-19 : Interest
₹8,29,166
28-Aug-19 : Interest
₹8,29,166
28-Sep-19 : Interest
₹8,29,166
28-Oct-19 : Interest
₹8,29,166
28-Nov-19 : Interest
₹8,29,166
28-Dec-19 : Interest
₹8,29,166
28-Jan-20 : Interest
₹8,29,166
28-Feb-20 : Interest
₹8,29,166
28-Mar-20 : Interest
₹8,29,166
28-Apr-20 : Interest
₹8,29,166
28-May-20 : Interest
₹8,29,166
28-Jun-20 : Interest
₹8,29,166
28-Jul-20 : Interest
₹8,29,166
28-Aug-20 : Interest
₹8,29,166
28-Sep-20 : Interest
₹8,29,166
28-Oct-20 : Interest
₹8,29,166
28-Nov-20 : Interest
₹8,29,166
28-Dec-20 : Interest
₹8,29,166
28-Jan-21 : Interest
₹8,29,166
28-Feb-21 : Interest
₹8,29,166
28-Mar-21 : Interest
₹8,29,166
28-Apr-21 : Interest
₹8,29,166
28-May-21 : Interest
₹8,29,166
28-Jun-21 : Interest
₹8,29,166
28-Jul-21 : Interest
₹8,29,166
28-Aug-21 : Interest
₹8,29,166
28-Sep-21 : Interest
₹8,29,166
28-Oct-21 : Interest
₹8,29,166
28-Nov-21 : Interest
₹8,29,166
28-Dec-21 : Interest
₹8,29,166
28-Jan-22 : Interest
₹8,29,166
28-Feb-22 : Interest
₹8,29,166
28-Mar-22 : Interest
₹8,29,166
28-Apr-22 : Interest
₹8,29,166
28-May-22 : Interest
₹8,29,166
28-Jun-22 : Interest
₹8,29,166
28-Jul-22 : Interest
₹8,29,166
28-Aug-22 : Interest
₹8,29,166
28-Sep-22 : Interest
₹8,29,166
28-Oct-22 : Interest
₹8,29,166
28-Nov-22 : Interest
₹8,29,166
28-Dec-22 : Interest
₹8,29,166
28-Jan-23 : Interest
₹8,29,166
28-Feb-23 : Interest
₹8,29,166
28-Mar-23 : Interest
₹8,29,166
28-Apr-23 : Interest
₹8,29,166
28-May-23 : Interest
₹8,29,166
28-Jun-23 : Interest
₹8,29,166
28-Jul-23 : Interest
₹8,29,166
28-Aug-23 : Interest
₹8,29,166
28-Sep-23 : Interest
₹8,29,166
28-Oct-23 : Interest
₹8,29,166
28-Nov-23 : Interest
₹8,29,166
28-Dec-23 : Interest
₹8,29,166
28-Jan-24 : Interest
₹8,29,166
28-Feb-24 : Interest
₹8,29,166
28-Mar-24 : Interest
₹8,29,166
28-Apr-24 : Interest
₹8,29,166
28-May-24 : Interest
₹8,29,166
28-Jun-24 : Interest
₹8,29,166
28-Jul-24 : Interest
₹8,29,166
28-Aug-24 : Interest
₹8,29,166
28-Sep-24 : Interest
₹8,29,166
28-Oct-24 : Interest
₹8,29,166
28-Nov-24 : Interest
₹8,29,166
28-Dec-24 : Interest
₹8,29,166
28-Jan-25 : Interest
₹2,90,208
27-Feb-25 : Interest
₹2,90,208
27-Feb-25 : Interest
₹16,85,72,083
27-Feb-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,85,72,083)

Summary

Instrument Attributes

Value

Coupon Rate

9.95%

Returns

High

Bond Rating

A+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE459T07033 issued by Vastu Housing Finance Corporation Limited

The instrument name of INE459T07033 ISIN is VASTU HOUSING FINANCE CORPORATION LIMITED SR-B 9.95 NCD 27FB25 FVRS10LAC.
The interest earned from INE459T07033 bond issued by Vastu Housing Finance Corporation Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE459T07033 bond issued by Vastu Housing Finance Corporation Limited has been assigned a credit rating of A+ by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.95%, which determines the periodic interest payments made to bondholders.
The INE459T07033 Debenture is issued by Vastu Housing Finance Corporation Limited, a Private Sector company.