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Instrument Details

ISIN: INE614X07373

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

9.1679

Instrument Type

Debenture

Returns

Low

Date of Issue

02 Feb 2022

Maturity Date

31 Jan 2025

Perpetual

Yes

Listing Status

Listed

Rating status

BBB- (Infomerics 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

DHANI LOANS AND SERVICES LIMITED SR VI LOA 31JN25 FVRS1000
Dhani Loans And Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE614X07373, with a face value of ₹1,000 rs on 02Feb22 to raise 9.1679 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 DEBENTURES. LETTER OF ALLOTMENT. SERIES VI. DATE OF MATURITY 31/01/2025. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 04Feb22. Infomerics Valuation and Rating Pvt. Ltd has given BBB- rating to this Debenture on 19Nov24. This issuer is formerly known as INDIABULLS CONSUMER FINANCE LIMITED, IVL FINANCE LIMITED, SHIVSHAKTI FINANCIAL SERVICES 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
BBB
Moderately Safe
BBB-
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Date Verified
-
check
Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

BBB-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE614X07373 issued by Dhani Loans And Services Limited

The instrument name of INE614X07373 ISIN is DHANI LOANS AND SERVICES LIMITED SR VI LOA 31JN25 FVRS1000.
Never, as INE614X07373 bond issued by Dhani Loans And Services Limited is a Zero-coupon bond.
This INE614X07373 bond issued by Dhani Loans And Services Limited has been assigned a credit rating of BBB- by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE614X07373 bond issued by Dhani Loans And Services Limited is 0%.
The INE614X07373 Debenture is issued by Dhani Loans And Services Limited, a Private Sector company.
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