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8.70% L&t Finance Limited - AAA Rated (INE027E07AN7)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE027E07AN7
Face value
₹1,000
Coupon rate
8.70%
Payment
Monthly
Tax Type
Taxable
Issue Size (Cr)
17.4848
Instrument Type
Debenture
Returns
High
Date of Issue
15 Apr 2019
Maturity Date
15 Apr 2027
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
L&T FINANCE LIMITED SR VII OPT 2 8.70 LOA 15AP27 FVRS1000
L&t Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE027E07AN7, with a face value of ₹1,000 rs on 15Apr19 to raise 17.4848 crores. The debt instrument
is issued with a coupon rate of 8.70% 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 8.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES VII OPTION II. LETTER OF ALLOTMENT. DATE OF MATURITY 15/04/2027. This instrument is issued in Public Issue mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on NSE stock
exchange on 18Apr19 & on BSE stock exchange on 18Apr19. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Debenture on 03Apr19. This issuer is formerly known as FAMILY CREDIT LIMITED, APEEJAY FINANCE GROUP LIMITED, APEEJAY FINANCE GROUP PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000
Cashflow
₹1,00,000
15-Apr-19 : Your investment
₹725
15-May-19 : Interest
₹725
15-Jun-19 : Interest
₹725
15-Jul-19 : Interest
₹725
15-Aug-19 : Interest
₹725
15-Sep-19 : Interest
₹725
15-Oct-19 : Interest
₹725
15-Nov-19 : Interest
₹725
15-Dec-19 : Interest
₹725
15-Jan-20 : Interest
₹725
15-Feb-20 : Interest
₹725
15-Mar-20 : Interest
₹725
15-Apr-20 : Interest
₹725
15-May-20 : Interest
₹725
15-Jun-20 : Interest
₹725
15-Jul-20 : Interest
₹725
15-Aug-20 : Interest
₹725
15-Sep-20 : Interest
₹725
15-Oct-20 : Interest
₹725
15-Nov-20 : Interest
₹725
15-Dec-20 : Interest
₹725
15-Jan-21 : Interest
₹725
15-Feb-21 : Interest
₹725
15-Mar-21 : Interest
₹725
15-Apr-21 : Interest
₹725
15-May-21 : Interest
₹725
15-Jun-21 : Interest
₹725
15-Jul-21 : Interest
₹725
15-Aug-21 : Interest
₹725
15-Sep-21 : Interest
₹725
15-Oct-21 : Interest
₹725
15-Nov-21 : Interest
₹725
15-Dec-21 : Interest
₹725
15-Jan-22 : Interest
₹725
15-Feb-22 : Interest
₹725
15-Mar-22 : Interest
₹725
15-Apr-22 : Interest
₹725
15-May-22 : Interest
₹725
15-Jun-22 : Interest
₹725
15-Jul-22 : Interest
₹725
15-Aug-22 : Interest
₹725
15-Sep-22 : Interest
₹725
15-Oct-22 : Interest
₹725
15-Nov-22 : Interest
₹725
15-Dec-22 : Interest
₹725
15-Jan-23 : Interest
₹725
15-Feb-23 : Interest
₹725
15-Mar-23 : Interest
₹725
15-Apr-23 : Interest
₹725
15-May-23 : Interest
₹725
15-Jun-23 : Interest
₹725
15-Jul-23 : Interest
₹725
15-Aug-23 : Interest
₹725
15-Sep-23 : Interest
₹725
15-Oct-23 : Interest
₹725
15-Nov-23 : Interest
₹725
15-Dec-23 : Interest
₹725
15-Jan-24 : Interest
₹725
15-Feb-24 : Interest
₹725
15-Mar-24 : Interest
₹725
15-Apr-24 : Interest
₹725
15-May-24 : Interest
₹725
15-Jun-24 : Interest
₹725
15-Jul-24 : Interest
₹725
15-Aug-24 : Interest
₹725
15-Sep-24 : Interest
₹725
15-Oct-24 : Interest
₹725
15-Nov-24 : Interest
₹725
15-Dec-24 : Interest
₹725
15-Jan-25 : Interest
₹725
15-Feb-25 : Interest
₹725
15-Mar-25 : Interest
₹725
15-Apr-25 : Interest
₹725
15-May-25 : Interest
₹725
15-Jun-25 : Interest
₹725
15-Jul-25 : Interest
₹725
15-Aug-25 : Interest
₹725
15-Sep-25 : Interest
₹725
15-Oct-25 : Interest
₹725
15-Nov-25 : Interest
₹725
15-Dec-25 : Interest
₹725
15-Jan-26 : Interest
₹725
15-Feb-26 : Interest
₹725
15-Mar-26 : Interest
₹725
15-Apr-26 : Interest
₹725
15-May-26 : Interest
₹725
15-Jun-26 : Interest
₹725
15-Jul-26 : Interest
₹725
15-Aug-26 : Interest
₹725
15-Sep-26 : Interest
₹725
15-Oct-26 : Interest
₹725
15-Nov-26 : Interest
₹725
15-Dec-26 : Interest
₹725
15-Jan-27 : Interest
₹725
15-Feb-27 : Interest
₹725
15-Mar-27 : Interest
₹725
15-Apr-27 : Interest
₹350
15-Apr-27 : Interest
₹1,69,950
15-Apr-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹69,950)
Summary
Instrument Attributes
Value
Coupon Rate
8.70%
Returns
High
Bond Rating
AAA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Kolkata
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of L&t Finance Limited
FAQs about INE027E07AN7 issued by L&t Finance Limited
What is the instrument name of INE027E07AN7 ISIN?
The instrument name of INE027E07AN7 ISIN is L&T FINANCE LIMITED SR VII OPT 2 8.70 LOA 15AP27 FVRS1000.
How frequently is the interest paid on INE027E07AN7 bond issued by L&t Finance Limited?
The interest earned from INE027E07AN7 bond issued by L&t Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
What is the credit rating of the INE027E07AN7 bond issued by L&t Finance Limited?
This INE027E07AN7 bond issued by L&t Finance Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE027E07AN7 bond issued by L&t Finance Limited?
This Debenture offers a coupon rate of 8.7%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE027E07AN7 Debenture?
The INE027E07AN7 Debenture is issued by L&t Finance Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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