Bond Directory / RELIANCE COMMERCIAL FINANCE LIMITED

RELIANCE COMMERCIAL FINANCE LIMITED

DELETED

9.40% UNSECURED RATED LISTED SUBORDINATED REDEEMABLE NON CONVERTIBLE TIER II DEBENTURES. RCFL F SERIES T NCD 05. DATE OF MATURITY 02/02/2028

ISIN

INE126D08063

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Essentials

Coupon Rate (Returns)

9.4%

Rating

PP-MLD D  CARE RATINGS LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-1 years -4 months

Oct 19, 2022

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

10 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Private

Issuer Details

RELIANCE COMMERCIAL FINANCE LIMITED

Business Sector

165

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -CARE RATINGS LIMITED

Issue Size

Small

Rating Category*

D

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

Factors

Issue Size

Small

Rating Category*

D

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - CARE RATINGS LIMITED

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

PP-MLD D

(-)

Instruments with this rating are in default or are expected to be in default soon.

Credit Outlook

Not Applicable

Not Applicable

Rating Watch

4

-

Repayment Priority

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

Subordinate Tier 2

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

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.

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