Security Name: 8.85% IIFL Home Finance Limited 27 Jul 2027
ISIN:
INE477L08089
Taxable
Tax Category
27 Jul, 2027
Maturity Date
(2 Yr 5 Mo to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
27 Jul, 2017
Allotment Date
NA
Put Date
27 Jul, 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
₹NaN
Dirty Price
8.85%
Coupon
Fixed Interest
Coupon Basis
9.1215%
Current Yield
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 FY24 is 6.23x and it was 6.27x in FY23, indicating slight decrease in the debt level due to significant increase in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 2x and it was 1.87x in FY23, indicating slight increased ability of the issuer to service its debt due to Its asset under management (AUM) increased from Rs 28,512 crore in FY23 to Rs 35,499 crore in FY24, witnessing a 25% year-on-year growth, with an average ticket size of Rs 14.26 lakh.
Interest coverage ratio
Recent News
IIFL Home Finance Ltd. unveils second film in series
Mar 27, 2024 | IIFL Home Finance Limited
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
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, download the Information Memorandum.
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 INE477L08089 |
|---|
| 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 |
|---|
| 8.85% IIFL Home Finance Limited 27 Jul 2027 |
| Credit Rating |
|---|
| AA by ICRA |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 8.850000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 27/07/2027 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Feb 25,2025 |
| Principal Amount |
|---|
| ₹9,70,233 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹1 |
| Total Amount Payable |
|---|
| ₹9,70,234 |
| Price |
|---|
| ₹97.0233 |
| 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
9.00% Shriram Finance Limited 28 Mar 2028
28 Mar, 2028
Maturity Date
₹10,00,000
Minimum Qty
INE721A08DA2
ISIN
Yearly
IP Frequency
8.8%
Yield
₹100.4696
Price
9.85% ECL Finance Limited 06 Aug 2028
06 Aug, 2028
Maturity Date
₹1,00,000
Minimum Qty
INE804I079Y6
ISIN
Yearly
IP Frequency
11.255%
Yield
₹96
Price
11.75% Capital Small Finance Bank Limited 30 Mar 2031
30 Mar, 2026
Call Date
₹3,00,000
Minimum Qty
INE646H08020
ISIN
Yearly
IP Frequency
10.5504%
Yield
₹101.1348
Price
8.65% Adani Energy Solutions Limited 13 Nov 2034
13 Nov, 2034
Maturity Date
₹10,00,000
Minimum Qty
INE931S08031
ISIN
Yearly
IP Frequency
8.6219%
Yield
₹100.0781
Price
9.40% Aadhar Housing Finance Limited 05 May 2026
05 May, 2026
Maturity Date
₹10,00,000
Minimum Qty
INE883F07025
ISIN
Yearly
IP Frequency
8.2547%
Yield
₹101.2
Price
