Bond Directory / AAVAS FINANCIERS LIMITED

AAVAS FINANCIERS LIMITED

DELETED

10.25% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. LETTER OF ALLOTMENT. DATE OF MATURITY 10/10/2019

ISIN

INE216P07118

Copied

Essentials

Coupon Rate (Returns)

10.25%

Rating

A+  ICRA LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-2 years -11 months

Oct 10, 2019

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

100 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LIMITED

Issue

Private

Issuer Details

AAVAS FINANCIERS LIMITED

Business Sector

163

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

Issue Size

Large

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency -ICRA LIMITED

Factors

Issue Size

Large

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - ICRA LIMITED

Note: 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.

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Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

A+

(Sep 08, 2017)

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

Credit Outlook

Not Applicable

Not Applicable

Rating Watch

Not Applicable

Not Applicable

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

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Demat details

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