Security Name: 7.98% Sundaram Home Finance Limited 04 Sep 2026
ISIN:
INE667F07IT7
Taxable
Tax Category
04 Sep, 2026
Maturity Date
(1 Yr 4 Mo 3 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
05 Aug, 2024
Allotment Date
NA
Put Date
05 Sep, 2024
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
7.98%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
21 Aug, 2024
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
Sundaram Home Finance Limited
Sundaram Home was founded as Sundaram Home Finance Ltd in July 1999 by Sundaram Finance with equity participation from International Finance Corporation (IFC), Washington, and the Netherlands Development Finance Company (FMO). In fiscal 2007, Sundaram Finance acquired the equity stakes of IFC and FMO. In October 2007, Sundaram Finance sold 49.9% of its stake in Sundaram Home to BNP Paribas Personal Finance, a wholly owned subsidiary of BNP Paribas. However, in September 2019, Sundaram Finance acquired the 49.9% stake in Sundaram Home, from BNP Paribas Personal Finance and Sundaram Home became a wholly owned subsidiary of Sundaram Finance.
The ratio in FY24 is 7.85x and it was 8.50x in FY23 , indicating even there is increase in borrowings and finance cost but still the issuer is able to reduce its debt level due to increase in the profitability.
Debt/EBITDA
The ratio in FY24 is 1.37x and it was 1.45x in FY23, indicating decline in issuers debt service ability, due to increase in Interest on Deposits, Debt securities- NCD and other expense increased which resulted in overall increase in the finance cost in FY24.
Interest coverage ratio
Recent News
Sundaram Home Finance targets ₹1,000 crore disbursements in the non-south region in FY25
Sep 02, 2024 | Sundaram Home Finance Limited
Sundaram Home Finance launches emerging business segment; Rs 300 cr target disbursal
Sep 05, 2024 | Sundaram Home Finance Limited
Sundaram Home expands presence in Chennai region, aims ₹50 cr disbursements
Jan 21, 2025 | Sundaram Home Finance Limited
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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 INE667F07IT7 |
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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 |
|---|
| 7.98% Sundaram Home Finance Limited 04 Sep 2026 |
| Credit Rating |
|---|
| AAA Stable by ICRA |
| Coupon Frequency |
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| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 7.980000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 04/09/2026 |
| Security |
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| Senior Secured |
| 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 | 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.
