9.60%Bharti Axa Life Insurance Company Limited 27 Sep 2033
ISIN:
INE089J08037
Taxable
Tax Category
27 Sep, 2028
Call Date
(4 Yr 2 Mo to call)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
27 Sep, 2023
Allotment Date
NA
Put Date
27 Sep, 2024
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
YOUR EARNING
Your Investment
Final Payout
₹0
Year
Payment Schedule(Date)
Interest Payout(₹)
*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
Bharti Axa Life Insurance Company Limited
Bharti AXA Life Insurance was formed and it commenced business operations during the second wave of growth in the private insurance space in 2006. Bharti AXA Life is a leading insurance company, offering a wide range of innovative and customer-centric insurance solutions. Presently, Bharti Life Ventures Pvt Ltd (BLVPL) the holding company of Bharti AXA Life Insurance, holds a 100 percent stake in the company.
The ratio in FY24 is - 0.75 and in FY23 it was -0.30x indicating increasing debt levels due to increase in the borrowings of the issuer.
Debt/EBITDA
The ratio in FY24 is 17.29 and in FY23 it was 36.75x, indicating issuers decreased ability to service its debt due to significant decrease in profits in FY24.
Interest coverage ratio
Recent News
Bharti Group in talks with SBI Life
Apr 03, 2024 | Bharti Axa Life Insurance Company Limited
Expect moderate gains in 6-12 months
Apr 03, 2024 | Bharti Axa Life Insurance Company Limited
Related Videos
5 Cs of Credit Analysis
Character, Capacity, Capital, Collateral, and Claims priority: the quintessential factors.
Bond Market Strategies
Bond Strategies Unplugged: Decoding Proven Tactics for Successful Investing
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, send a request for the Rating Rationale. You will receive an email shortly.
₹100.7627
Price
9.3455%
Yield
Principal Amount
Accrued Interest from
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Total Investment
similar bonds
7.10% Tata Capital Financial Services Limited 29 Sep 2031
29 Sep, 2031
Maturity Date
₹10,00,000
Minimum Qty
INE306N07MN1
ISIN
Yearly
IP Frequency
7.9806%
Yield
₹95.2651
Price
8.20% India Grid Trust 06 May 2031
06 May, 2031
Maturity Date
₹2,00,000
Minimum Qty
INE219X07264
ISIN
Yearly
IP Frequency
8.1603%
Yield
₹100.1284
Price
7.36% India Infrastructure Finance Company Limited (Tax free) 22 Jan 2028
22 Jan, 2028
Maturity Date
₹10,00,000
Minimum Qty
INE787H07149
ISIN
Yearly
IP Frequency
5.2593%
Yield
₹106.4908
Price
9.15% Yes Bank Limited 30 Jun 2025
30 Jun, 2025
Maturity Date
₹10,00,000
Minimum Qty
INE528G08287
ISIN
Yearly
IP Frequency
9.15%
Yield
₹99.9509
Price
9.45% SMFG India Credit Company Limited 20 Jul 2028
20 Jul, 2028
Maturity Date
₹10,00,000
Minimum Qty
INE535H08736
ISIN
Yearly
IP Frequency
8.3702%
Yield
₹103.5114
Price
