Security Name: 8.80% Hinduja Housing Finance Limited 17 Dec 2029
ISIN:
INE146O07516
Taxable
Tax Category
17 Dec, 2029
Maturity Date
(4 Yr 6 Mo 22 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
17 Dec, 2024
Allotment Date
NA
Put Date
17 Dec, 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
8.8%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
02 Dec, 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
Hinduja Housing Finance Limited
HHFL, the housing finance arm of HLF, was incorporated as a wholly owned subsidiary of HLF on April 15, 2015. On September 30, 2015, HHFL received a certificate of registration from the National Housing Bank. The company offers various retail products such as home loans, construction loans, composite loans, home extension loans, home improvement loans, and LAP.
The ratio in FY24 is 8.24x and it was 8.60x in FY23, indicating slight decrease in the debt level due to increase in the profitability of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 1.72x and it was 1.88x in FY23, indicating decrease in the debt servicing ability of the issuer due to increase in Interest on borrowings which led to increase in the finance cost in FY24.
Interest coverage ratio
Recent News
Ashok Leyland extends its Road to School program in Erode, Salem and Dharmapuri Districts of Tamil Nadu
Oct 16, 2024 | Hinduja Housing Finance Limited
Hinduja Housing Finance standalone net profit rises 29.25% in the March 2024 quarter
Oct 21, 2024 | Hinduja Housing 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.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE146O07516 |
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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 |
|---|
| 8.80% Hinduja Housing Finance Limited 17 Dec 2029 |
| Credit Rating |
|---|
| AA + by CRISIL AA + /Stable by CARE |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.800000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
|---|
| 17/12/2029 |
| Security |
|---|
| Senior Secured |
| 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.
