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Instrument Details

ISIN: INE530B07112

Face value

₹10,00,000

Coupon rate

GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

07 Sep 2021

Maturity Date

09 Jul 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA (CRISIL 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

IIFL FINANCE LIMITED SR D14 BR NCD 07SP24 FVRS10LAC
Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE530B07112, with a face value of ₹10,00,000 rs on 07Sep21 to raise 100 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. 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 GSEC LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES D14. DATE OF MATURITY 07/09/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Sep21. CRISIL RATINGS LIMITED has given PP-MLD AA rating to this Debenture on 16Aug21. This issuer is formerly known as IIFL HOLDINGS LIMITED, INDIA INFOLINE LIMITED, INDIA INFOLINE.COM 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
PP-MLD AA
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Date Verified
13 Mar 2024
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Outlook
No Outlook
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

GSEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AA

Seniority in Repayment

Senior

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 INE530B07112 issued by Iifl Finance Limited

The instrument name of INE530B07112 ISIN is IIFL FINANCE LIMITED SR D14 BR NCD 07SP24 FVRS10LAC.
The interest earned from the INE530B07112 bond issued by Iifl Finance Limited is paid at the time of maturity
This INE530B07112 bond issued by Iifl Finance Limited has been assigned a credit rating of PP-MLD AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE530B07112 bond issued by Iifl Finance Limited is GSEC LINKED.
The INE530B07112 Debenture is issued by Iifl Finance Limited, a Private Sector company.
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