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Instrument Details

ISIN: INE849D08TY1

Face value

₹1,00,00,000

Coupon rate

7.52%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Medium

Date of Issue

07 Sep 2021

Maturity Date

04 Jul 2032

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

Principal + Interest

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

ICICI SECURITIES PRIMARY DEALERSHIP LTD SR 1 7.52 NCD 07AP32 FVRS1CR
Icici Securities Primary Dealership Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE849D08TY1, with a face value of ₹1,00,00,000 rs on 07Sep21 to raise 100 crores. The debt instrument is issued with a coupon rate of 7.52% 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 7.52% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SUBORDINATE TIER 2. SERIES 1/2021-2022. DATE OF MATURITY 07/04/2032.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 08Sep21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 27Aug21. This issuer is formerly known as ICICI SECURITIES LTD. 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
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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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
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
07-Sep-21 : Your investment
₹7,52,00,000
07-Sep-22 : Interest
₹7,52,00,000
07-Sep-23 : Interest
₹7,52,00,000
07-Sep-24 : Interest
₹7,52,00,000
07-Sep-25 : Interest
₹7,52,00,000
07-Sep-26 : Interest
₹7,52,00,000
07-Sep-27 : Interest
₹7,52,00,000
07-Sep-28 : Interest
₹7,52,00,000
07-Sep-29 : Interest
₹7,52,00,000
07-Sep-30 : Interest
₹7,52,00,000
07-Sep-31 : Interest
₹6,24,26,301
04-Jul-32 : Interest
₹1,81,44,26,301
04-Jul-32 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹81,44,26,301)

Summary

Instrument Attributes

Value

Coupon Rate

7.52%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Subordinate Tier 2

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 INE849D08TY1 issued by Icici Securities Primary Dealership Ltd

The instrument name of INE849D08TY1 ISIN is ICICI SECURITIES PRIMARY DEALERSHIP LTD SR 1 7.52 NCD 07AP32 FVRS1CR.
The interest earned from INE849D08TY1 bond issued by Icici Securities Primary Dealership Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE849D08TY1 bond issued by Icici Securities Primary Dealership Ltd has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.52%, which determines the periodic interest payments made to bondholders.
The INE849D08TY1 Debenture is issued by Icici Securities Primary Dealership Ltd, a Private Sector company.
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