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Bajaj Housing Finance Limited - AAA Rated (INE377Y07219)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE377Y07219
Face value
₹10,00,000
Coupon rate
0%
Payment
Never
Tax Type
Taxable
Issue Size (Cr)
1500
Instrument Type
Debenture
Returns
Linked to Markets
Date of Issue
05 May 2021
Maturity Date
05 Oct 2024
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
Senior
Guarantee Type
Non Convertible
About this Bond
BAJAJ HOUSING FINANCE LIMITED NCD 10MY24 FVRS10LAC
Bajaj Housing Finance Limited, a Housing Finance Company company, has floated Debenture,
having ISIN value as INE377Y07219, with a face value of ₹10,00,000 rs on 05May21 to raise 1500 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. DATE OF MATURITY 10/05/2024. 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 07May21. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 09Apr21. This issuer is formerly known as BAJAJ FINACIAL SOLUTIONS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Summary
Instrument Attributes
Value
Coupon Rate
0%
Returns
Linked to Markets
Bond Rating
AAA
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Housing Finance Company
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Bajaj Housing Finance Limited
FAQs about INE377Y07219 issued by Bajaj Housing Finance Limited
What is the instrument name of INE377Y07219 ISIN?
The instrument name of INE377Y07219 ISIN is BAJAJ HOUSING FINANCE LIMITED NCD 10MY24 FVRS10LAC.
How frequently is the interest paid on INE377Y07219 bond issued by Bajaj Housing Finance Limited?
Never, as INE377Y07219 bond issued by Bajaj Housing Finance Limited is a Zero-coupon bond.
What is the credit rating of the INE377Y07219 bond issued by Bajaj Housing Finance Limited?
This INE377Y07219 bond issued by Bajaj Housing Finance Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE377Y07219 bond issued by Bajaj Housing Finance Limited?
The coupon rate of INE377Y07219 bond issued by Bajaj Housing Finance Limited is 0%.
Who is the issuer of INE377Y07219 Debenture?
The INE377Y07219 Debenture is issued by Bajaj Housing Finance Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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