facebook

Bond Directory / INCRED FINANCIAL SERVICES LIMITED

INCRED FINANCIAL SERVICES LIMITED

ACTIVE

10YEAR GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKNED NON-CONVERTIBLE DEBENTURES. IFSL/2021-2022/MLD/07.SERIES I.DATE OF MATURITY 29/12/2022

ISIN

INE945W07324

Copied

Essentials

Coupon Rate (Returns)

10YEAR GSEC LINKED

Rating

PP-MLD Ar  CRISIL LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

1 years 3 months

Dec 29, 2022

Face Value

₹10,00,000

Coupon Type

-

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

40 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Private

Issuer Details

INCRED FINANCIAL SERVICES LIMITED

Business Sector

Finance

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Issue Type

Private

*Rating Agency -CRISIL LIMITED

Factors

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Issue Type

Private

*Rating Agency - CRISIL LIMITED

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

PP-MLD Ar

(Jul 07, 2021)

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

Positive

Issuer's ability to pay the interest and re-pay the principal is being monitored with positive outlook.

Repayment Priority

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

None

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!