Taxable
Tax Category
27 Dec, 2032
Call Date
(7 Yr 11 Mo 29 D to call)
Yearly
Interest Payment Frequency
No
NRI Eligibility
26 Dec, 2022
Allotment Date
NA
Put Date
26 Dec, 2025
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
8.15%
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
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 FY24 is 9.64x and it was 9.30x in FY23, indicating increase in debt levels due to increase in borrowings of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 1.43x and it was 1.65x in FY23, indicating decrease in the debt servicing ability of the issuer to increase in the Interest on borrowings and Interest on debt securities in FY24.
Interest coverage ratio
Apr 10, 2024 | Axis Finance Limited
Apr 10, 2024 | Axis Finance Limited
Sep 24, 2024 | Axis Finance Limited
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Cashflow for INE891K08158 |
---|
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). |
---|
Security Name |
---|
8.15% Axis Finance Limited (P) Call: 27 Dec 2032 |
Credit Rating |
---|
AAA Stable by CARE |
Coupon Frequency |
---|
Yearly |
Face Value |
---|
₹1,00,00,000 |
Coupon |
---|
8.150000% |
YTM or YTC |
---|
YTC |
Call Date |
---|
27/12/2032 |
Security |
---|
Senior Unsecured |
No. of Bonds |
---|
1 |
Settlement Date |
---|
Principal Amount |
---|
₹NaN |
Accrued Interest |
---|
₹NaN |
Stamp Duty |
---|
₹0 |
Total Amount Payable |
---|
₹NaN |
Price |
---|
₹NaN |
Yield |
---|
% |
Year | Payment Date | Amount | Payout Type |
---|
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.