Logo
Search Icon
Header BG

Security Name: 8.75% Cholamandalam Investment And Finance Company Limited 23 May 2030

Copy icon
ISIN:
INE121A08PF8
Copy icon

card-bg

Taxable

Tax Category

card-bg

23 May, 2030

Maturity Date
(5 Yr 4 Mo 25 D to mature)

card-bg

Yearly

Interest Payment Frequency

card-bg

Yes

NRI Eligibility

card-bg

23 May, 2023

Allotment Date

card-bg

NA

Put Date

card-bg

23 May, 2025

Next Interest Payment Date

card-bg

15 days

Shut Period

card-bg

Both

Active on NSDL/CDSL

card-bg

Non-Guaranteed

Type of Guarantee

card-bg

No

Perpetual

card-bg

Private Placement

Mode of Issue

card-bg

Listed

Listing Details

card-bg

Non Public Sector Undertaking

Type of Issuer

card-bg

₹NaN

Dirty Price

card-bg

8.75%

Coupon

card-bg

Fixed Interest

Coupon Basis

card-bg

8.6677%

Current Yield

YOUR EARNING
gray-flag icon
Your Investment

green-flag icon
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
Credit Rating
Low SafetyHigh Safety
AA + (Positive)
ICRA
AA + /Stable
IND
Subordinated Tier 2

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Unsecured

Security with Collateral?

An investment secured with collateral helps

ISSUER
logo
Cholamandalam Investment And Finance Company Limited

Cholamandalam Investment and Finance Company Limited (Chola), incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial services provider offering vehicle finance, home loans, loan against property, SME loans, Secured Business Personal Loans (SBPL), Consumer & Small Enterprises Loans (CSEL) and a variety of other financial services to customers.

The ratio in FY24 is 9.23 x and it was 9.81x in FY23, indicating decrease in the debt level compared to previous year due to increase in the profitability of the issuer in FY24.

Info icon

Debt/EBITDA

The ratio in FY24 is 1.50x and it was 1.63x in FY23, indicating decrease in the debt servicing ability of the issuer due to increase in interest on Debt securities and Borrowings other than debt securities which led to overall increase in the finance cost.

Info icon

Interest coverage ratio

Recent News
News Thumbnail
Chola Inv Finance shares rise 1.67% as Sensex slides

Mar 27, 2024 | Cholamandalam Investment And Finance Company Limited

News Thumbnail
DLF sells land parcel in Chennai for ₹735 cr to Cholamandalam Investment and Finance Company

Mar 27, 2024 | Cholamandalam Investment And Finance Company Limited

News Thumbnail
Cholamandalam Investment onboards Jeeva Balakrishnan as CHRO

Nov 14, 2024 | Cholamandalam Investment And Finance Company Limited

Related Videos
Video ThumbnailPlay Button
Bonds have Options

The in-depth exploration of Bond Options

Video ThumbnailPlay Button
Principal Repayment Schedule

Understanding the Payback: The Essentials of Principal Repayment

STEPS TO BUY THIS BOND
Complete KYCe-KYC approval in just 5 minutes!Place your OrderSwipe right to buy this Bond.Transfer funds to ICCLUse Net Banking or visit your nearest branch.SettlementSit back and relax, while we deliver your Security!
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
At MaturityThe Issuer will return your principal and redeem the bond
Sell your bond anytimeYou can sell your bond anytime you want by reaching out to your Relationship Manager.
E-Book
To know more about the Bond and the issuer, download the Information Memorandum.
E-Book
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
₹100.95
Clean Price
8.4986%
Yield (YTM)
Header BG
Principal Amount
Accrued Interest from

Enter no. of bonds you want to buy

BOND VALUE DETAILS

Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
Cashflow for INE121A08PF8
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
8.75% Cholamandalam Investment And Finance Company Limited 23 May 2030
Credit Rating
AA + (Positive) by ICRA
AA + /Stable by IND
Coupon Frequency
Yearly
Face Value
₹1,00,000
Coupon
8.750000%
YTM or YTC
YTM
Maturity Date
23/05/2030
Security
Unsecured Subordinated Tier 2
No. of Bonds
1
Settlement Date
Dec 27,2024
Principal Amount
₹1,00,950
Accrued Interest
₹0
Stamp Duty
₹0
Total Amount Payable
₹1,00,950
Price
₹100.95
Yield
0%
YearPayment DateAmountPayout 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
Bond Logo
9.75% Sammaan Capital Limited 12 Apr 2028
12 Apr, 2028
Maturity Date
₹1,00,000
Minimum Qty
INE148I07TY9
Launch Icon
ISIN
Yearly
IP Frequency
11.55%
Yield
₹95.2322
Price
ICRAAA Stable
Bond Logo
9.10% Cholamandalam Investment And Finance Company Limited 27 Jun 2031
27 Jun, 2031
Maturity Date
₹2,00,000
Minimum Qty
INE121A08PP7
Launch Icon
ISIN
Yearly
IP Frequency
8.7271%
Yield
₹101.7015
Price
ICRAAA + (Positive)
Bond Logo
10.65% Sammaan Capital Limited 05 Jun 2027
05 Jun, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE894F08087
Launch Icon
ISIN
Yearly
IP Frequency
12.5%
Yield
₹96.1469
Price
CAREAA+ Stable
Bond Logo
9.85% Nuvama Wealth Finance Limited 09 Aug 2027
09 Aug, 2027
Maturity Date
₹2,00,000
Minimum Qty
INE918K07PJ0
Launch Icon
ISIN
Yearly
IP Frequency
9.25%
Yield
₹101.2378
Price
CRISILAA- / Stable
Bond Logo
9.00% IIFL Finance Limited 28 Jun 2028
28 Jun, 2028
Maturity Date
₹1,00,000
Minimum Qty
INE530B07377
Launch Icon
ISIN
Yearly
IP Frequency
10.5545%
Yield
₹95.5
Price
CRISILAA Stable

Still looking for assistance?