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9.20% Cholamandalam Investment And Fin. Co. Ltd - AA Rated (INE121A08NY4)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE121A08NY4
Face value
₹10,00,000
Coupon rate
9.20%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
10
Instrument Type
Debenture
Returns
High
Date of Issue
10 Nov 2016
Maturity Date
11 Oct 2026
Perpetual
Yes
Listing Status
Listed
Rating status
AA+ (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Subordinate Tier 2
Guarantee Type
Non Convertible
About this Bond
CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD SR- SD48 9.2 NCD 10NV26 FVRS10LAC
Cholamandalam Investment And Fin. Co. Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE121A08NY4, with a face value of ₹10,00,000 rs on 10Nov16 to raise 10 crores. The debt instrument
is issued with a coupon rate of 9.20% 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 Unsecured
Debenture is 9.20% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES SD 48. DATE OF MATURITY 10/11/2026. 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 24Nov16 & on BSE stock exchange on 24Nov16. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to
this Debenture on 25Oct16. This issuer is formerly known as CHOLAMANDALAM DBS FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
10-Nov-16 : Your investment
₹92,00,000
10-Nov-17 : Interest
₹92,00,000
10-Nov-18 : Interest
₹92,00,000
10-Nov-19 : Interest
₹92,00,000
10-Nov-20 : Interest
₹92,00,000
10-Nov-21 : Interest
₹92,00,000
10-Nov-22 : Interest
₹92,00,000
10-Nov-23 : Interest
₹92,00,000
10-Nov-24 : Interest
₹92,00,000
10-Nov-25 : Interest
₹84,94,246
11-Oct-26 : Interest
₹19,12,94,246
11-Oct-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,12,94,246)
Summary
Instrument Attributes
Value
Coupon Rate
9.20%
Returns
High
Bond Rating
AA+
Seniority in Repayment
Subordinate Tier 2
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Chennai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Cholamandalam Investment And Fin. Co. Ltd
FAQs about INE121A08NY4 issued by Cholamandalam Investment And Fin. Co. Ltd
What is the instrument name of INE121A08NY4 ISIN?
The instrument name of INE121A08NY4 ISIN is CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD SR- SD48 9.2 NCD 10NV26 FVRS10LAC.
How frequently is the interest paid on INE121A08NY4 bond issued by Cholamandalam Investment And Fin. Co. Ltd?
The interest earned from INE121A08NY4 bond issued by Cholamandalam Investment And Fin. Co. Ltd is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE121A08NY4 bond issued by Cholamandalam Investment And Fin. Co. Ltd?
This INE121A08NY4 bond issued by Cholamandalam Investment And Fin. Co. Ltd has been assigned a credit rating of AA+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE121A08NY4 bond issued by Cholamandalam Investment And Fin. Co. Ltd?
This Debenture offers a coupon rate of 9.2%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE121A08NY4 Debenture?
The INE121A08NY4 Debenture is issued by Cholamandalam Investment And Fin. Co. Ltd, 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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