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Instrument Details

ISIN: INE365D08018

Face value

₹12,983

Coupon rate

RESET RATE

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

18.74

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Sep 2018

Maturity Date

28 Sep 2038

Perpetual

Yes

Listing Status

Listed

Rating status

A (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

ASHIANA HOUSING LIMITED RR NCD 28SP38 FVRS12982.53
Ashiana Housing Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE365D08018, with a face value of ₹12,983 rs on 28Sep18 to raise 18.74 crores. The debt instrument is issued with a coupon rate of RESET RATE and its interest is paid Quarterly. 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 Unsecured Debenture is RESET RATE UNSECURED RATED LISTED REDEEMABLE NON COVERTIBLE DEBENTURES. DATE OF MATURITY 28/09/2038. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 10Oct18. ICRA LIMITED has given A rating to this Debenture on 14Jun24. This issuer is formerly known as ASHIANA HOUSING & FINANCE (INDIA) 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
17 Jun 2024
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE

Returns

Linked to Markets

Bond Rating

A

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Residential, Commercial Projects
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE365D08018 issued by Ashiana Housing Limited

The instrument name of INE365D08018 ISIN is ASHIANA HOUSING LIMITED RR NCD 28SP38 FVRS12982.53.
The interest earned from INE365D08018 bond issued by Ashiana Housing Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE365D08018 bond issued by Ashiana Housing Limited has been assigned a credit rating of A by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE365D08018 bond issued by Ashiana Housing Limited is RESET RATE.
The INE365D08018 Debenture is issued by Ashiana Housing Limited, a Private Sector company.
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