The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE535H07357

Face value

₹5,00,000

Coupon rate

10.45% (ANNUALLY)

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

05 Nov 2013

Maturity Date

11 Mar 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Fully Convertible

About this Bond

FULLERTON INDIA CREDIT COMPANY LTD 10.45 NCD 03NV23 FVRS5LAC
Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H07357, with a face value of ₹5,00,000 rs on 05Nov13 to raise 25 crores. The debt instrument is issued with a coupon rate of 10.45% (ANNUALLY) 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 Secured Debenture is 10.45% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 03/11/2023. This instrument is issued in Bonus mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 13Nov13 & on NSE stock exchange on 13Nov13. ICRA LIMITED has given AAA rating to this Debenture on 13Jun24. This issuer is formerly known as FIRST INDIA CREDIT CORPORATION LTD, DOVE 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
AAA
Highest Safety
AAA
check
Date Verified
14 Jun 2024
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10.45% (ANNUALLY)

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE535H07357 issued by Fullerton India Credit Company Ltd

The instrument name of INE535H07357 ISIN is FULLERTON INDIA CREDIT COMPANY LTD 10.45 NCD 03NV23 FVRS5LAC.
The interest earned from INE535H07357 bond issued by Fullerton India Credit Company Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE535H07357 bond issued by Fullerton India Credit Company Ltd has been assigned a credit rating of AAA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE535H07357 bond issued by Fullerton India Credit Company Ltd is 10.45% (ANNUALLY).
The INE535H07357 Debenture is issued by Fullerton India Credit Company Ltd, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow