Security Name: 8.50% Axis Finance Limited 11 May 2027
ISIN:
INE891K08042
Taxable
Tax Category
11 May, 2027
Maturity Date
(1 Yr 9 Mo 7 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
11 May, 2017
Allotment Date
NA
Put Date
11 May, 2026
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
₹NaN
Dirty Price
8.5%
Coupon
Fixed Interest
Coupon Basis
8.3956%
Current Yield
26 Apr, 2026
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
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 FY25 is 9.19x and it was 9.64x in FY24, indicating decrease in the debt level due to increase in the profitability in FY25.
Debt/EBITDA
The ratio in FY25 is 1.36x and it was 1.43x in FY24, indicating decrease in the debt servicing ability due to increase in the interest expense which led to overall increase in the finance cost of the issuer.
Interest coverage ratio
Recent News
Axis Finance announce raising more funds
Apr 10, 2024 | Axis Finance Limited
Axis Finance appoints Sai Giridhar as the managing director and CEO
Sep 24, 2024 | Axis Finance Limited
Private Equity Giants Flock to Buy Axis Finance as Promoters Face Regulatory Push
Jul 07, 2025 | Axis Finance Limited
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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.
Clean Price
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Principal Amount
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
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Total Investment
| Cashflow for INE891K08042 |
|---|
| 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 |
|---|
| 8.50% Axis Finance Limited 11 May 2027 |
| Credit Rating |
|---|
| AAA Stable by CRISIL AAA Stable by IND |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 8.500000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 11/05/2027 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Aug 05,2025 |
| Principal Amount |
|---|
| ₹10,12,430 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹1 |
| Total Amount Payable |
|---|
| ₹10,12,431 |
| Price |
|---|
| ₹101.243 |
| 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.
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