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Instrument Details

ISIN: INE115A07PU1

Face value

₹10,00,000

Coupon rate

6.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

1100

Instrument Type

Debenture

Returns

Medium

Date of Issue

23 Mar 2022

Maturity Date

20 Jun 2025

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

LIC HOUSING FINANCE LIMITED TR 420 OPT II 6.25 LOA 20JU25 FVRS10LAC
Lic Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE115A07PU1, with a face value of ₹10,00,000 rs on 23Mar22 to raise 1100 crores. The debt instrument is issued with a coupon rate of 6.25% 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 6.25% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. TRANCHE 420 OPTION II. DATE OF ALLOTMENT 20/06/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 24Mar22. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 16Mar22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
25 Mar 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
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
23-Mar-22 : Your investment
₹62,50,000
23-Mar-23 : Interest
₹11,87,50,000
20-Jun-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,87,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

6.25%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE115A07PU1 issued by Lic Housing Finance Limited

The instrument name of INE115A07PU1 ISIN is LIC HOUSING FINANCE LIMITED TR 420 OPT II 6.25 LOA 20JU25 FVRS10LAC.
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