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6.01% Lic Housing Finance Limited - AAA Rated (INE115A07PF2)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE115A07PF2
Face value
₹10,00,000
Coupon rate
6.01%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
550
Instrument Type
Debenture
Returns
Medium
Date of Issue
19 May 2021
Maturity Date
19 May 2026
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 TR 409 6.01 LOA 19MY26 FVRS10LAC
Lic Housing Finance Limited, a Housing Finance Company company, has floated Debenture,
having ISIN value as INE115A07PF2, with a face value of ₹10,00,000 rs on 19May21 to raise 550 crores. The debt instrument
is issued with a coupon rate of 6.01% 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 6.01% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE 409. LETTER OF ALLOTMENT. DATE OF MATURITY 19/05/2026. 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 24May21. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 12May21. 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
19-May-21 : Your investment
₹60,10,000
19-May-22 : Interest
₹60,10,000
19-May-23 : Interest
₹60,10,000
19-May-24 : Interest
₹60,10,000
19-May-25 : Interest
₹60,10,000
19-May-26 : Interest
₹13,00,50,000
19-May-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,00,50,000)
Summary
Instrument Attributes
Value
Coupon Rate
6.01%
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 INE115A07PF2 issued by Lic Housing Finance Limited
What is the instrument name of INE115A07PF2 ISIN?
The instrument name of INE115A07PF2 ISIN is LIC HOUSING FINANCE LIMITED TR 409 6.01 LOA 19MY26 FVRS10LAC.
How frequently is the interest paid on INE115A07PF2 bond issued by Lic Housing Finance Limited?
The interest earned from INE115A07PF2 bond issued by Lic Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE115A07PF2 bond issued by Lic Housing Finance Limited?
This INE115A07PF2 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 INE115A07PF2 bond issued by Lic Housing Finance Limited?
This Debenture offers a coupon rate of 6.01%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE115A07PF2 Debenture?
The INE115A07PF2 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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