9.85% Iifl Home Finance Limited - AA Rated (INE477L08113)

Iifl Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477L08113, with a face value of ₹10,00,000 rs on 18Jun18 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.85% 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 9.85% UNSECURED SUBORDINATED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES U09. DATE OF MATURITY 16/06/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 02Jul18. ICRA LIMITED has given AA rating to this Debenture on 25Sep24. 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.