7.90%Axis Finance Limited (P) Call : 25 Aug 2031
ISIN:
INE891K08083
Taxable
Tax Category
25 Aug, 2031
Call Date
(7 Yr 27 D to call)
Yearly
Interest Payment Frequency
No
NRI Eligibility
25 Aug, 2021
Allotment Date
NA
Put Date
25 Aug, 2024
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
Yes
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
YOUR EARNING
Your Investment
Final Payout
₹0
Year
Payment Schedule(Date)
Interest Payout(₹)
*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
Axis Finance Limited
Axis Finance Limited (AFL) is a Non- Banking Financial Company (NBFC) which provides Wholesale and Retail lending solutions to Corporate and Retail customers. It is a wholly owned subsidiary of Axis Bank Ltd and provides services including Loan against Property, Business Loan, Consumer Finance, Personal Loan and Loan against Securities.
The ratio in FY23 is 9.30x and it was 11.73x in FY22, indicating slight decrease in debt levels due to increase in profits.
Debt/EBITDA
The ratio in FY23 is 1.65x and it was 1.67x in FY22, indicating decrease in debt servicing ability of the issuer due to increase in finance cost.
Interest coverage ratio
Recent News
Axis Finance approaches NCLAT against NCLT approval of Zee-Sony merger
Apr 10, 2024 | Axis Finance Limited
Axis Finance announce raising more funds
Apr 10, 2024 | Axis Finance Limited
Related Videos
Bank Bonds
Bank Bonds Unveiled: Navigating the Dynamics of Secure Investments
Lifecycle of a Bond
The journey through the various stages that define the lifespan of a bond.
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.
₹NaN
Price
%
Yield
Principal Amount
Accrued Interest from
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Total Investment
Quote Not Available for purchase
