Taxable
Tax Category
12 Jul, 2030
Maturity Date
(5 Yr 6 Mo 7 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
13 Jul, 2020
Allotment Date
NA
Put Date
13 Jul, 2025
Next Interest Payment Date
15 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
7.65%
Coupon
Fixed Interest
Coupon Basis
NaN%
Current Yield
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
Sundaram Finance was established in 1954 when Sri T. S. Santhanam, the Founder, envisioned the future of hire-purchase finance in India. Started with the primary objective of financing the purchase of commercial vehicles, the company, has today grown into one of the most trusted financial services groups in India. It has a nation-wide presence of nearly 640 branches, over two lakh depositors and three lakh commercial vehicle and car finance customers.
The ratio in FY24 is 7.20x and it was 7.81x in FY23, indicating decrease in debt levels, due to significant increase in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.71x and it was 1.79x in FY23, indicating issuers decrease in debt servicing ability due to increased finance cost.
Interest coverage ratio
Apr 02, 2024 | Sundaram Finance Limited
Apr 02, 2024 | Sundaram Finance Limited
Dec 02, 2024 | Sundaram Finance Limited
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BOND VALUE DETAILS
Cashflow for INE660A08CD8 |
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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 |
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7.65% Sundaram Finance Limited 12 Jul 2030 |
Credit Rating |
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AAA Stable by CRISIL AAA Stable by ICRA |
Coupon Frequency |
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Yearly |
Face Value |
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₹10,00,000 |
Coupon |
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7.650000% |
YTM or YTC |
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YTM |
Maturity Date |
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12/07/2030 |
Security |
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Senior Unsecured |
No. of Bonds |
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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 | 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.