Bond Directory / INDIABULLS COMMERCIAL CREDIT LIMITED

INDIABULLS COMMERCIAL CREDIT LIMITED

ACTIVE

9.80% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 06/09/2029.

ISIN

INE244L07598

Copied

Essentials

Coupon Rate (Returns)

9.8

Rating

AA  ICRA LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

4 years 8 months

Sep 06, 2029

Face Value

₹1,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

30 Crores

Issue Price

₹1,00,000

Security class

Debentures

Listing details

NSE

Debenture Trustee

Beacon Trusteeship Ltd

Issue

Private Placement (EBP)

Issuer Details

INDIABULLS COMMERCIAL CREDIT LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -ICRA LIMITED

Issue Size

Medium

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

Factors

Issue Size

Medium

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

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

(Nov 26, 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

Not Applicable

Not Applicable

Rating Watch

Developing

The Credit Rating may either be upgraded, downgraded or reaffirmed.

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

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...

Piramal Capital & Housing Finance Limited

Coupon

6.7500%

Maturity

Sep 2031

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.5000%

Price

₹ 766.70

Belstar Microfinance Limited

Coupon

10.0000%

Maturity

Aug 2025

Rating

CRISIL  AA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

9.7500%

Price

₹ 37,999.13

Satya Microcapital Limited

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.7551%

Price

₹ 1,00,000.00

Esaf Small Finance Bank Limited

Coupon

11.1000%

Maturity

Apr 2031

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

11.3908%

Price

₹ 1,02,524.11

Esaf Small Finance Bank Limited

Coupon

11.0000%

Maturity

Apr 2030

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

11.2827%

Price

₹ 1,02,501.37

Utkarsh Small Finance Bank Limited

Coupon

11.0000%

Maturity

Jun 2031

Rating

ICRA  A+

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

10.7800%

Price

₹ 1,04,495.77

Avanse Financial Services Limited

Coupon

9.3500%

Maturity

Dec 2027

Rating

CARE  AA-

Type of Bond

Subordinate Debt Tier 2

Yield

10.2500%

Price

₹ 10,57,897.78

Indostar Capital Finance Limited

Coupon

10.3000%

Maturity

Sep 2027

Rating

CARE  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.2000%

Price

₹ 1,007.68