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Instrument Details

ISIN: INE053F07843

Face value

₹1,000

Coupon rate

Variable Coupon

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

369.6342

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

21 Dec 2015

Maturity Date

21 Dec 2035

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (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

INDIAN RAILWAY FINANCE CORPORATION LIMITED SR-104A 7.5 BD 21DC35 FVRS1000 LOAUPTO20DC15
Indian Railway Finance Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE053F07843, with a face value of ₹1,000 rs on 21Dec15 to raise 369.6342 crores. The debt instrument is issued with a coupon rate of 7.5%(IF ON RECORD DATE BONDS HELD BY RII, ELSE 7.25% p.a) and its interest is paid Annually. The returns are Tax-Free Under Section 10(15)(iv)(h). As per the filings, the long description of this Secured Bond is 7.50% (FOR CATEGORY IV i.e. RIIs- 7.50% p.a. IF ON RECORD DATE BONDS HELD BY RII ELSE 7.25% p.a.) SECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES 104th A. LETTER OF ALLOTMENT. DATE OF MATURITY 21/12/2035. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 28Dec15 & on NSE stock exchange on 28Dec15. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 27Nov15. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
01 Mar 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE053F07843 issued by Indian Railway Finance Corporation Limited

The instrument name of INE053F07843 ISIN is INDIAN RAILWAY FINANCE CORPORATION LIMITED SR-104A 7.5 BD 21DC35 FVRS1000 LOAUPTO20DC15.
The interest earned from INE053F07843 bond issued by Indian Railway Finance Corporation Limited is paid Annually, ensuring regular and consistent income for investors.
This INE053F07843 bond issued by Indian Railway Finance Corporation Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE053F07843 bond issued by Indian Railway Finance Corporation Limited is 7.5%(IF ON RECORD DATE BONDS HELD BY RII, ELSE 7.25% p.a).
The INE053F07843 Bond is issued by Indian Railway Finance Corporation Limited, a PSU company.
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