Hdfc Credila Financial Services Limited
ACTIVE
ISIN: INE539K08179
Issuer Details
Issuer Name
HDFC CREDILA FINANCIAL SERVI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
RESET RATE (REFER REMARKS)%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U65990MH2006PTC159411
Name of the Lead Manager
-
Registrar
Adroit Corporate Services Pv...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
RESET RATE UNSECURED RATED L...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
50
Category of Instrument
-
Allotment Date
08-12-2017
Redemption Date
31-12-9999
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Perpetual
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A.
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About Hdfc Credila Financial Services Limited bond with ISIN: INE539K08179
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE539K08179, represents a significant financial instrument. Issued by HDFC CREDILA FINANCIAL SERVICES LIMITED, it comes with the following description: "RESET RATE UNSECURED RATED LISTED REDEEMABLE SUBORDINATED NON CONVERTIBLE PERPETUAL DEBENTURES.". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, HDFC CREDILA FINANCIAL SERVICES LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U65990MH2006PTC159411 further bolster its credibility. With a coupon rate of RESET RATE (REFER REMARKS), this instrument has been meticulously managed with the assistance of Adroit Corporate Services Pvt. Limited and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 50. It was allotted on 12/8/2017 and is scheduled for redemption on 12/31/9999. Categorized under "-" and defined as Unsecured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of AA- as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of AA- is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: N.A. – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_02-04-2024, CARE Ratings Limited_01-04-2024, CARE Ratings Limited_19-12-2023, CARE Ratings Limited_06-10-2023, CARE Ratings Limited_21-09-2023, CARE Ratings Limited_21-06-2023, CARE Ratings Limited_21-06-2023, CARE Ratings Limited_13-06-2023, CARE Ratings Limited_02-05-2023, CARE Ratings Limited_10-01-2023, CARE Ratings Limited_29-11-2022, CARE Ratings Limited_30-08-2022, CARE Ratings Limited_19-08-2022, CARE Ratings Limited_20-07-2022, ICRA LIMITED_23-06-2023, ICRA LIMITED_23-06-2023, ICRA LIMITED_26-04-2023, ICRA LIMITED_31-01-2023. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE539K07213 having a coupon rate of 7.3% and the bond with ISIN INE539K07171 having a coupon rate of 7% and the bond with ISIN INE539K08195 having a coupon rate of 9.12% and the bond with ISIN INE539K07270 having a coupon rate of 9.03%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.