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Instrument Details

ISIN: INE248U07BD4

Face value

₹1,00,000

Coupon rate

BASE RATE - REFER REMARKS

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

243.5633439

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

12 Mar 2019

Maturity Date

03 Dec 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AA (ICRA Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

IIFL WEALTH PRIME LIMITED SR IECP III BR NCD 12MR26 FVRS1LAC
Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U07BD4, with a face value of ₹1,00,000 rs on 12Mar19 to raise 243.5633439 crores. The debt instrument is issued with a coupon rate of BASE RATE - REFER REMARKS 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 BASE RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES IECP - SERIES III. MATURITY DATE - 12/03/2026. 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 28Mar19. ICRA LIMITED has given AA rating to this Debenture on 01Mar19. This issuer is formerly known as IIFL WEALTH FINANCE LIMITED, CHEPHIS CAPITAL MARKETS 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
AA
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Date Verified
18 Mar 2019
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

BASE RATE - REFER REMARKS

Returns

Linked to Markets

Bond Rating

AA

Seniority in Repayment

None

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 INE248U07BD4 issued by Iifl Wealth Prime Limited

The instrument name of INE248U07BD4 ISIN is IIFL WEALTH PRIME LIMITED SR IECP III BR NCD 12MR26 FVRS1LAC.
The interest earned from the INE248U07BD4 bond issued by Iifl Wealth Prime Limited is paid at the time of maturity
This INE248U07BD4 bond issued by Iifl Wealth Prime Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE248U07BD4 bond issued by Iifl Wealth Prime Limited is BASE RATE - REFER REMARKS.
The INE248U07BD4 Debenture is issued by Iifl Wealth Prime Limited, a Private Sector company.
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