Security Name: 9.00% Hero FinCorp Limited 05 Jan 2034
ISIN: INE957N08110
Taxable
Tax Category
05 Jan, 2034
Maturity Date
(8 Yr 4 Mo 4 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
05 Jan, 2024
Allotment Date
NA
Put Date
05 Jan, 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
Quote Not Available
Dirty Price
9%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
21 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
Hero FinCorp Limited
HFCL was incorporated in December 1991 under the name, Hero Honda Finlease Limited. Furthermore, the company changed its name to Hero Fincorp Limited in July 2011. HFCL is a NBFC-ND-SI registered with RBI and is engaged in the business of lending towards various products under corporate and retail lending. The company is mainly into retail lending, retail SME lending and corporate lending.
The ratio in FY25 is 11.51x and it was 10.11x in FY24, indicating increase in the debt level due to the issuer having to set aside more money to cover potential losses from bad loans, which directly impacted their profitability.
Debt/EBITDA
The ratio in FY25 is 1.06x and it was 1.33x in FY24, indicating decrease in the debt servicing ability of the issuer due to the company's borrowing costs increasing, further reducing their net profit.
Interest coverage ratio
Recent News
Hero FinCorp files papers for Rs 3,668 crore IPO
Nov 05, 2024 | Hero FinCorp Limited
RNFI Services secures service agreement with Hero Fincorp
Jan 13, 2025 | Hero FinCorp Limited
Hero Fincorp reports standalone net loss of Rs 49.72 crore in the June 2025 quarter
Jul 30, 2025 | Hero FinCorp Limited
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Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
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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 INE957N08110 |
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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 |
|---|
| 9.00% Hero FinCorp Limited 05 Jan 2034 |
| Credit Rating |
|---|
| AA + /Stable by CRISIL AA + /Stable by ICRA |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 9.000000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 05/01/2034 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹NaN |
| Price |
|---|
| ₹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.
