9.30% Iifl Home Finance Limited - AA Rated (INE477L08071)

Iifl Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477L08071, with a face value of ₹10,00,000 rs on 30May16 to raise 25 crores. The debt instrument is issued with a coupon rate of 9.30% 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 9.30% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES UO5. DATE OF MATURITY 29/05/2023. 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 15Jun16 & on NSE stock exchange on 15Jun16. ICRA LIMITED has given AA rating to this Debenture on 01Aug23. 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.