Security Name: 8.43% IIFL Home Finance Limited 03 Jan 2029
ISIN: INE477L07AQ2
Taxable
Tax Category
03 Jan, 2029
Maturity Date
(2 Yr 11 Mo 16 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
03 Jan, 2022
Allotment Date
NA
Put Date
01 Jan, 2025
Next Interest Payment Date
17 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
8.43%
Coupon
Fixed Interest
Coupon Basis
8.5402%
Current Yield
15 Dec, 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
IIFL Home Finance Limited
IIFL Home Finance Limited is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations in 2006 and received registration certificate from NHB in 2009. IIFL Home Finance Limited is a subsidiary of IIFL Finance Limited - one of the leading players in the Indian financial service space. With its headquarters in Gurgaon, the company is engaged in providing loans for purchase, construction and renovation of homes; SME Secured loans for business & personal needs and Construction finance loans to developers engaged in construction of affordable homes.
The ratio in FY25 is 6.67x and it was 6.23x in FY24, indicating slight increase in the debt level of the issuer due to increase in the borrowings in FY25.
Debt/EBITDA
The ratio in FY25 is 1.85x and it was 2x in FY24, indicating a moderate weakening in the company's ability to repay debt using operational cash flows.
Interest coverage ratio
Recent News
IIFL Finance board to evaluate listing of mortgage, microfinance units
Oct 08, 2024 | IIFL Home Finance Limited
IIFL Home Finance partners with Common Services Centre to expand rural reach
Jan 17, 2025 | IIFL Home Finance Limited
AIIB Commits USD100 Million to IIFL Home Finance to Enhance Access to Affordable Housing Finance in India
Jul 10, 2025 | IIFL Home Finance Limited
Related Videos
Taxation
The Complex Terrain of Tax Implications for Fixed-Income Investments!
What are Bonds?
From Basics to Brilliance: Unravelling the Concept of Bonds
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, send a request for the Information Memorandum. You will receive an email shortly.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
Select the number of units below
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE477L07AQ2 |
|---|
| 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 |
|---|
| 8.43% IIFL Home Finance Limited 03 Jan 2029 |
| Credit Rating |
|---|
| AA / Watch by CRISIL AA+ (Negative) by BWR |
| Coupon Frequency |
|---|
| Monthly |
| Face Value |
|---|
| ₹1,000 |
| Coupon |
|---|
| 8.430000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 03/01/2029 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Jan 19,2026 |
| Principal Amount |
|---|
| ₹987.1 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹987.1 |
| Price |
|---|
| ₹98.71 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
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.
similar bonds
11.65% UGRO Capital Limited 15 Mar 2031
15 Mar, 2031
Maturity Date
₹1,00,000
Minimum Qty
INE583D08081
ISIN
Monthly
IP Frequency
12.15%
Yield
₹100.4737
Price
10.25% Satin Creditcare Network Limited 21 Aug 2026
21 Aug, 2026
Maturity Date
₹1,00,000
Minimum Qty
INE836B07881
ISIN
Monthly
IP Frequency
9.6%
Yield
₹100.6051
Price
11.50% Akme Fintrade (India) Limited 22 Dec 2028
22 Dec, 2028
Maturity Date
₹10,000
Minimum Qty
INE916Y07065
ISIN
Monthly
IP Frequency
12.65%
Yield
₹99.0022
Price
9.99% UGRO Capital Limited 16 Jun 2029
16 Jun, 2029
Maturity Date
₹10,000
Minimum Qty
INE583D07638
ISIN
Monthly
IP Frequency
10.6%
Yield
₹99.6102
Price
10.05% Aye Finance Limited 12 Sep 2027
12 Sep, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE501X07729
