Security Name: 9.80% IKF Home Finance Limited 24 Mar 2028
ISIN: INE02VP07065
Taxable
Tax Category
24 Mar, 2028
Maturity Date
(2 Yr 6 Mo 9 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
24 Dec, 2024
Allotment Date
NA
Put Date
24 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
₹NaN
Dirty Price
9.8%
Coupon
Fixed Interest
Coupon Basis
9.7221%
Current Yield
09 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?
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ISSUER
IKF Home Finance Limited
Incorporated in 2002 as IKF Financial Services Private Limited, IKF is registered as Housing Finance Company (HFC) and is primarily engaged in providing home loan products/refinance solutions. The company has presence across the States of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra and Gujarat. As of September 30, 2024, IKFHF has an AUM of Rs. 1,173 crore, with 33% towards the salaried segment and the remaining 67% towards the self-employed segment. The company was initially promoted by the promoters of IKF Finance Limited. However, the company was acquired by IKF Finance Limited in December 2018. IKF Finance Ltd is the group’s major asset financing company and non-deposit taking NBFC primarily engaged in the business of commercial vehicle, construction equipment and SME segment financing.
The ratio in FY24 is 7.28x and it was 9.58x in 2023, indicating decrease in the debt level due to significant increase in the profitability of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 1.50x and it was 1.36x in 2023, indicating increase in the debt serving ability of the issuer due to GNPA and NNPA slightly increased to 1.16% and 0.55% as on September 30, 2024 as against 0.76% respectively as on March 31, 2024 (March 31, 2023: 0.94%).
Interest coverage ratio
Recent News
Central Bank of India gains after strategic tie-ups to expand loan portfolio
Feb 04, 2025 | IKF Home Finance Limited
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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
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Principal Amount
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BOND VALUE DETAILS
Face Value
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Stamp Duty
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Total Investment
| Cashflow for INE02VP07065 |
|---|
| 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 |
|---|
| 9.80% IKF Home Finance Limited 24 Mar 2028 |
| Credit Rating |
|---|
| A Stable by CARE |
| Coupon Frequency |
|---|
| Quarterly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 9.800000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 24/03/2028 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Sep 15,2025 |
| Principal Amount |
|---|
| ₹1,00,801.7 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,00,801.7 |
| Price |
|---|
| ₹100.8017 |
| 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.
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