Security Name: 9.50% IDBI Bank Limited 03 Feb 2030
ISIN:
INE008A08V59
Taxable
Tax Category
03 Feb, 2025
Call Date
(-3 Mo -8 D to call)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
03 Feb, 2020
Allotment Date
NA
Put Date
03 Feb, 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
9.5%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
19 Jan, 2026
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
IDBI Bank Limited
IDBI Bank Limited, founded in 1964, is a private sector bank headquartered in Mumbai. Was reconstituted as a banking company on October 1, 2004, to undertake commercial banking and development banking activities. The erstwhile IDBI Bank Ltd, IDBI’s subsidiary, was merged with IDBI in 2005. In 2006, IDBI acquired United Western Bank. In 2008, it got its present name.
The ratio in FY24 is 0.96x as compared to 0.99x in FY23, it indicates that the company’s debt is decreasing due to increase in the profitability in FY24.
Debt/EBITDA
The ratio in FY24 is 1.46x and in FY23 it was 1.40x, indicating an increasing company’s ability to service its debt due to increase in the profitability of the issuer.
Interest coverage ratio
Recent News
Increased profit this year
May 31, 2023 | IDBI Bank Limited
Center plans plans Expression of Interest for strategic sale in August
Apr 06, 2024 | IDBI Bank 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
Face Value
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Total Investment
| Cashflow for INE008A08V59 |
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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 |
|---|
| 9.50% IDBI Bank Limited 03 Feb 2030 |
| Credit Rating |
|---|
| AA- / Stable by CARE AA- / Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 9.500000% |
| YTM or YTC |
|---|
| YTC |
| Call Date |
|---|
| 03/02/2025 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹NaN |
| 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.
