Bond Directory / CHOLAMANDALAM INVT. AND FIN. CO.LTD

CHOLAMANDALAM INVT. AND FIN. CO.LTD

ACTIVE

8.30% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 3 DATE OF MATURITY 04/06/2026

ISIN

INE121A07QW3

Copied

Essentials

Coupon Rate (Returns)

8.3

Rating

AA+  ICRA LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

1 years 11 months

Jun 04, 2026

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

187.20 Crores

Issue Price

₹1,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

IDBI Trusteeship Services Limited

Issue

Public Issue

Issuer Details

CHOLAMANDALAM INVT. AND FIN. CO.LTD

Business Sector

Others

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -ICRA LIMITED

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Simple

*Rating Agency - ICRA LIMITED

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AA+

(Mar 14, 2024)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit Outlook

Positive

Credit Outlook is positive and hence credit rating of the bond is not likely to change adversely in near future.

Rating Watch

4

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

You may also like...

Fedbank Financial Services Limited

Coupon

9.0000%

Maturity

Apr 2030

Rating

Ind-Ra  AA+

Type of Bond

Subordinate Debt Tier 2

Yield

8.9933%

Price

₹ 1,00,739.73

Shriram Finance Limited

Coupon

8.7500%

Maturity

May 2026

Rating

CRISIL  AA+

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.9500%

Price

₹ 1,00,872.28

Muthoot Finance Limited

Coupon

9.0300%

Maturity

May 2029

Rating

ICRA  AA+

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.9000%

Price

₹ 1,01,740.61

Cholamandalam Investment And Finance Company Limited

Coupon

8.7500%

Maturity

May 2030

Rating

Ind-Ra  AA+

Type of Bond

Subordinate Debt

Yield

8.7393%

Price

₹ 1,00,791.10

Cholamandalam Investment And Finance Company Limited

Coupon

8.5000%

Maturity

Dec 2026

Rating

Ind-Ra  AA+

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.3387%

Price

₹ 1,049.18

Cholamandalam Investment And Finance Company Limited

Coupon

8.3000%

Maturity

Sep 2026

Rating

Ind-Ra  AA+

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.2910%

Price

₹ 1,072.80

Cholamandalam Investment And Finance Company Limited

Coupon

8.4000%

Maturity

Dec 2025

Rating

Ind-Ra  AA+

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1411%

Price

₹ 1,048.63

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

13.1500%

Price

₹ 99,145.01