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Instrument Details

ISIN: INE539K08195

Face value

₹10,00,000

Coupon rate

9.12%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

High

Date of Issue

06 Jun 2019

Maturity Date

06 Jun 2029

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

HDFC CREDILA FINANCIAL SERVICES LIMITED NCD 9.12 06JUN29 FVRS10LAC
Hdfc Credila Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE539K08195, with a face value of ₹10,00,000 rs on 06Jun19 to raise 150 crores. The debt instrument is issued with a coupon rate of 9.12% 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 9.12% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED (TIER II) DEBENTURES. DATE OF MATURITY 06/06/2029. 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 14Jun19. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 30May19. This issuer is formerly known as HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED, CREDILA FINANCIAL SERVICES PRIVATE 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
AA
High Safety
AA+
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Date Verified
01 Apr 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
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
06-Jun-19 : Your investment
₹91,20,000
06-Jun-20 : Interest
₹91,20,000
06-Jun-21 : Interest
₹91,20,000
06-Jun-22 : Interest
₹91,20,000
06-Jun-23 : Interest
₹91,20,000
06-Jun-24 : Interest
₹91,20,000
06-Jun-25 : Interest
₹91,20,000
06-Jun-26 : Interest
₹91,20,000
06-Jun-27 : Interest
₹91,20,000
06-Jun-28 : Interest
₹91,20,000
06-Jun-29 : Interest
₹19,12,00,000
06-Jun-29 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,12,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.12%

Returns

High

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE539K08195 issued by Hdfc Credila Financial Services Limited

The instrument name of INE539K08195 ISIN is HDFC CREDILA FINANCIAL SERVICES LIMITED NCD 9.12 06JUN29 FVRS10LAC.
The interest earned from INE539K08195 bond issued by Hdfc Credila Financial Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE539K08195 bond issued by Hdfc Credila Financial Services Limited has been assigned a credit rating of AA+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.12%, which determines the periodic interest payments made to bondholders.
The INE539K08195 Debenture is issued by Hdfc Credila Financial Services Limited, a Private Sector company.
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