Security Name: 13.10% Star Housing Finance Limited 19 Apr 2027
ISIN:
INE526R07017
Taxable
Tax Category
19 Apr, 2027
Maturity Date
(1 Yr 9 Mo 11 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
19 Oct, 2023
Allotment Date
NA
Put Date
19 Aug, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
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
13.1%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
04 Aug, 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
Star Housing Finance Limited
Star HFL (erstwhile Akme Star Housing Finance Limited) is a housing finance company registered with NHB and was incorporated in 2005. It commenced business operation in September 2009. The company is focused on providing retail loans and mortgage loans to the affordable segment catering to both salaried and self-employed customers.
The ratio in FY24 is 8.01x and it was 8.27x in FY23, indicating decrease in the debt level due to Interest income grew by 66.82% y-o-y on the back of strong traction in disbursements during the year. Net Interest Margin (NIM) stands at 7.86%.
Debt/EBITDA
The ratio in FY24 is 1.41x and it was 1.71x in FY23, indicating decrease in the debt servicing ability of the issuer due to increase in the interest expenses which resulted in overall increase in the finance cost.
Interest coverage ratio
Recent News
Star Housing Finance Limited Reports Robust Performance For Period Ending March 31, 2024
Nov 05, 2024 | Star Housing Finance Limited
Star Housing Finance aims to double home loan customer base to 10,000
Nov 08, 2024 | Star Housing Finance Limited
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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
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Total Investment
| Cashflow for INE526R07017 |
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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 |
|---|
| 13.10% Star Housing Finance Limited 19 Apr 2027 |
| Credit Rating |
|---|
| BBB / Stable by IND |
| Coupon Frequency |
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| Monthly |
| Face Value |
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| ₹50,000.0072 |
| Coupon |
|---|
| 13.100000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
|---|
| 19/04/2027 |
| Security |
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| 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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| ₹0 |
| 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.
