Bond Directory / IFCI FACTORS LIMITED

IFCI FACTORS LIMITED

DELETED

10.25% SECURED REDEEMBALE NON-CONVERTIBLE TAXABLE BONDS.OPTION 3. DATE OF MATURITY 28/03/2023

ISIN

INE494M09031

Copied

Essentials

Coupon Rate (Returns)

10.25%

Rating

BB  CARE Ratings Limited

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-3 months

May 10, 2022

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call and Put

Put option exercised at

At Par

Issue Details

Issue Size

17 Crores

Issue Price

₹10,00,000

Security class

Bond

Listing details

BSE

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Private

Issuer Details

IFCI FACTORS LIMITED

Business Sector

Finance

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

Issue Size

Small

Rating Category*

BB

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency -CARE Ratings Limited

Factors

Issue Size

Small

Rating Category*

BB

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - CARE Ratings 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.

Get advanced,
in-depth information

We work hard to collect detailed information about the bonds to help you make informed decision. This is high quality data which is approved by SEBI and exchanges.

We work hard to collect detailed information about the bonds to help you make informed decision. This is high quality data which is approved by SEBI and exchanges.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BB

(Jul 05, 2019)

Instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.

Credit Outlook

Negative

A Negative outlook indicates that the Rating may be lowered

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

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.

1

Personal Details

Fill out your details

2

Call with Bond Manager

Our bond manager will call you to explain the process

3

KYC & Payment

Complete KYC and make purchase

4

Delivery

Bond is yours!

Documents required for KYC

PAN Card

Bank accounts details

Proof of address

Demat details

Photo

How Can I exit this investment?

There are various ways to exit any Bond investments

At Maturity

The Issuer will return your principal and redeem the bond

Sell your bond anytime

You can sell your bond anytime you want. We will help you find a suitable buyer

Have a cashflow issue & need money ?

DON'T sell your bond as you can always get an easy loan against your bond holdings. We can also help you to get one!

You may also like...

Clix Capital Services Private Limited

Coupon

11.55%

Maturity

May 2023

Rating

CARE  A

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

11.60%

Price

₹ 10,07,398

Kogta Financial (India) Limited

Coupon

11.00%

Maturity

Sep 2023

Rating

CARE  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.90%

Price

₹ 43,715

Navi Finserv Limited

Coupon

9.20%

Maturity

Dec 2023

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.95%

Price

₹ 997

Navi Finserv Limited

Coupon

9.50%

Maturity

Dec 2023

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.95%

Price

₹ 1,012

Shriram Housing Finance Limited

Coupon

10.85%

Maturity

May 2023

Rating

CARE  AA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.50%

Price

₹ 1,02,667

Shriram Transport Finance Company Limited

Coupon

10.25%

Maturity

Apr 2024

Rating

Ind-Ra  AA+

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

8.90%

Price

₹ 10,30,932

Tamilnadu

Coupon

6.95%

Maturity

Feb 2031

Rating

Sovereign

Type of Bond

State Development Loan

Yield

7.65%

Price

₹ 99

Svatantra Microfin Private Limited

Coupon

11.90%

Maturity

Jun 2028

Rating

CRISIL  A+

Type of Bond

Subordinate Debt

Yield

10.90%

Price

₹ 1,07,979