8.60%NIIF Infrastructure Finance Limited 07 Nov 2024
ISIN:
INE246R07384
Taxable
Tax Category
07 Nov, 2024
Maturity Date
(1 Mo 16 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
27 Sep, 2019
Allotment Date
NA
Put Date
07 Nov, 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
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
NIIF Infrastructure Finance Limited
NIIF IFL is an infrastructure debt fund refinancing operational infrastructure projects which have satisfactorily completed one year of operations. It was created on March 7, 2014 as a new infrastructure financing entity under the NBFC format as per the RBI guidelines issued in this regard. Thereafter name of the Company was changed to NIIF Infrastructure Finance Limited with effect from July 11, 2019 to reflect the change in ownership of the Company.
The ratio in FY24 is 11.17x and it was 11.11x in FY23 indicating slight increase in debt levels, due to increase in borrowings as well as finance cost of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.31x and it was 1.32x in FY23 indicating slight decrease in debt servicing ability due increase in finance cost.
Interest coverage ratio
Recent News
National Investment and Infrastructure Funds within four years of startup
Jun 01, 2023 | NIIF Infrastructure Finance Limited
NIIF to bring new investors on debt platform
Apr 01, 2024 | NIIF Infrastructure Finance Limited
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To know more about the Bond and the issuer, download the Information Memorandum.
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