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5.90% Lic Housing Finance Limited - AAA Rated (INE115A07OU4)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE115A07OU4
Face value
₹10,00,000
Coupon rate
5.90%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
1020
Instrument Type
Debenture
Returns
Medium
Date of Issue
26 Jun 2020
Maturity Date
05 Nov 2023
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
None
Guarantee Type
Non Convertible
About this Bond
LIC HOUSING FINANCE LIMITED TRANCHE 399 5.90 LOA 11MY23 FVRS10LAC
Lic Housing Finance Limited, a Housing Finance Company company, has floated Debenture,
having ISIN value as INE115A07OU4, with a face value of ₹10,00,000 rs on 26Jun20 to raise 1020 crores. The debt instrument
is issued with a coupon rate of 5.90% 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 Secured
Debenture is 5.90% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. TRANCHE 399. DATE OF MATURITY 11/05/2023. 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 06Jul20. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 22Jun20. 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
26-Jun-20 : Your investment
₹59,00,000
26-Jun-21 : Interest
₹59,00,000
26-Jun-22 : Interest
₹59,00,000
26-Jun-23 : Interest
₹11,77,00,000
05-Nov-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,77,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
5.90%
Returns
Medium
Bond Rating
AAA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Housing Finance Company
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Lic Housing Finance Limited
FAQs about INE115A07OU4 issued by Lic Housing Finance Limited
What is the instrument name of INE115A07OU4 ISIN?
The instrument name of INE115A07OU4 ISIN is LIC HOUSING FINANCE LIMITED TRANCHE 399 5.90 LOA 11MY23 FVRS10LAC.
How frequently is the interest paid on INE115A07OU4 bond issued by Lic Housing Finance Limited?
The interest earned from INE115A07OU4 bond issued by Lic Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE115A07OU4 bond issued by Lic Housing Finance Limited?
This INE115A07OU4 bond issued by Lic Housing Finance Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE115A07OU4 bond issued by Lic Housing Finance Limited?
This Debenture offers a coupon rate of 5.9%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE115A07OU4 Debenture?
The INE115A07OU4 Debenture is issued by Lic Housing 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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