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Instrument Details

ISIN: INE535H07BQ3

Face value

₹10,00,000

Coupon rate

REPO RATE

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

21 Jul 2022

Maturity Date

21 Jul 2025

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

Non Convertible

About this Bond

FULLERTON INDIA CREDIT COMPANY LTD SR 96 BR NCD 21JL25 FVRS10LAC
Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H07BQ3, with a face value of ₹10,00,000 rs on 21Jul22 to raise 500 crores. The debt instrument is issued with a coupon rate of REPO RATE and its interest is paid Semi 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 REPO RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 96. DATE OF MATURITY 21/07/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 22Jul22. 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
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Date Verified
14 Jun 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

REPO RATE

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non 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 INE535H07BQ3 issued by Fullerton India Credit Company Ltd

The instrument name of INE535H07BQ3 ISIN is FULLERTON INDIA CREDIT COMPANY LTD SR 96 BR NCD 21JL25 FVRS10LAC.
The interest earned from INE535H07BQ3 bond issued by Fullerton India Credit Company Ltd is paid Semi Annually, ensuring regular and consistent income for investors.
This INE535H07BQ3 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 INE535H07BQ3 bond issued by Fullerton India Credit Company Ltd is REPO RATE.
The INE535H07BQ3 Debenture is issued by Fullerton India Credit Company Ltd, a Private Sector company.
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