8.20% Iifl Home Finance Limited - AA Rated (INE477L07AN9)

Iifl Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477L07AN9, with a face value of ₹1,000 rs on 03Jan22 to raise 52.6524 crores. The debt instrument is issued with a coupon rate of 8.20% and its interest is paid Monthly. 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 8.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES III TRANCHE II. DATE OF MATURITY 03/01/2027.. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 05Jan22 & on NSE stock exchange on 05Jan22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 25Nov21. This issuer is formerly known as INDIA INFOLINE HOUSING FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.