Security Name: 8.20% HDFC Life Insurance Company Limited 22 Jun 2032
ISIN:
INE795G08027
Taxable
Tax Category
22 Jun, 2027
Call Date
(2 Yr 1 Mo 20 D to call)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
22 Jun, 2022
Allotment Date
NA
Put Date
22 Jun, 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
8.2%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
07 Jun, 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
HDFC Life Insurance Company Limited
HDFC Life Insurance Company Limited (HDFC Life) is among the leading private sector life Insurance companies in India which started its operations in 2000. The company started as a joint venture between HDFC Limited and Abrdn (Mauritius Holdings) 2006 Limited. Abrdn (Mauritius Holdings) 2006 Limited sold its stake over the years with its last exist being in 2023. Post amalgamation of HDFC Limited and HDFC Bank, HDFC Life is 50.37% held by HDFC Bank as of June 30, 2024, followed by institutional investors, non-institutional investors and employee benefit trust holding 37.88%, 11.73% and 0.03% stake respectively.
The ratio in FY24 is 0.58x and it was 0.71x in FY23, indicating decrease in the debt level and increase in the profitability in FY24.
Debt/EBITDA
The ratio in FY24 is 23.69x and it was 21.46x, indicating increase in debt servicing ability of the issuer due to top line growth was driven by a robust 31% increase in new business premiums (individual APE) at ₹5,864 crore, supported by a 22% rise in the number of policies sold and a balanced product mix.
Interest coverage ratio
Recent News
HDFC Standard Life buys PNB Housing Finance's shares worth Rs 90 cr
Nov 05, 2024 | HDFC Life Insurance Company Limited
HDFC Life Q2 results: Net profit rises 15%, new business premium up 14%
Nov 08, 2024 | HDFC Life Insurance Company Limited
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PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
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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 INE795G08027 |
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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 |
|---|
| 8.20% HDFC Life Insurance Company Limited 22 Jun 2032 |
| Credit Rating |
|---|
| AAA Stable by ICRA |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
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| ₹10,00,000 |
| Coupon |
|---|
| 8.200000% |
| YTM or YTC |
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| YTC |
| Call Date |
|---|
| 22/06/2027 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| 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.
