Security Name: 10.50% Hedge Finance Limited 02 Aug 2027
ISIN:
INE01ZK07FS1
Taxable
Tax Category
02 Aug, 2027
Maturity Date
(2 Yr 3 Mo 2 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
02 Aug, 2022
Allotment Date
NA
Put Date
31 May, 2025
Next Interest Payment Date
14 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
10.5%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
17 May, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Hedge Finance Limited
Hedge Finance Limited (HFL) is a Kochi-based non-deposit taking NBFC, registered with the Reserve Bank of India. The company was founded by Mr Alex K Babu in 2011. Over the years, HFL has established itself as a prime lender in Kerala with a wide client base and advanced infrastructure. Its focus is on finance against shares and mutual funds, complementing the business of its parent company, Hedge Equities Ltd. HFL has diversified into loans against property, business loans, and personal loans. The company is a part of the Hedge group of companies, which includes Hedge Equities Ltd (engaged in equity broking) and Hedge Commodities Ltd (commodity broking).
The ratio in FY24 is 6.86x and it was 7.51x in FY23, indicating decrease in the debt level due to significant increase in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.32x and it was 1.17x in Fy23, indicating increase in the debt servicing ability of the issuer due the sustained improvement AUM and asset quality while maintaining healthy capitalization and profitability.
Interest coverage ratio
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
Face Value
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Stamp Duty
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Total Investment
| Cashflow for INE01ZK07FS1 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
|---|
| 10.50% Hedge Finance Limited 02 Aug 2027 |
| Credit Rating |
|---|
| BB+ / Stable by IVR |
| Coupon Frequency |
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| Monthly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 10.500000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 02/08/2027 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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| % |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
