9.90% Sundaram Home Finance Limited - AA Rated (INE667F08111)

Sundaram Home Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE667F08111, with a face value of ₹10,00,000 rs on 28Feb13 to raise 40 crores. The debt instrument is issued with a coupon rate of 9.90% 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 Unsecured Debenture is 9.90% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/02/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 14Mar13 & on NSE stock exchange on 14Mar13. CARE RATINGS LIMITED has given AA+ rating to this Debenture on 21Jun22. This issuer is formerly known as SUNDARAM BNP PARIBAS HOME FINANCE LIMITED, SUNDARAM HOME FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.