Ifci Limited
ACTIVE
ISIN: INE039A09OA4
Issuer Details
Issuer Name
IFCI LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
8.75%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
L74899DL1993PLC053677
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
8.75% Unsecured Non-Converti...
Face Value (in ₹)
5000
Total Issue size( in ₹ Cr.)
1.2815
Category of Instrument
-
Allotment Date
12-12-2011
Redemption Date
12-12-2026
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Credit Rating Details
Sr No.
Rating Agency Name
Credit Rating
Outlook
Rating Date
1
ICRA LIMITED
B+
Negative
28-05-2024
1
CARE Ratings Limited
BB
Negative
12-12-2011
1
BRICKWORK RATINGS INDIA PRIVATE LIMITED
B+
Negative
10-06-2011
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About Ifci Limited bond with ISIN: INE039A09OA4
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 INE039A09OA4, represents a significant financial instrument. Issued by IFCI LIMITED, it comes with the following description: "8.75% Unsecured Non-Convertible Long term infrastructure bonds.Letter of Allotment.Series-III (Option -IV) Date of Maturity 12/12/2026". 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, IFCI 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) L74899DL1993PLC053677 further bolster its credibility. With a coupon rate of 8.75%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE 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 5000 with an issue size of 1.2815. It was allotted on 12/12/2011 and is scheduled for redemption on 12/12/2026. 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 B+ as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of B+ 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: No specific asset cover description available. – 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 ICRA LIMITED_28-05-2024, CARE Ratings Limited_04-07-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_07-11-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_10-11-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_04-10-2022, BRICKWORK RATINGS INDIA PRIVATE LIMITED_24-08-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_20-07-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_23-06-2020, BRICKWORK RATINGS INDIA PRIVATE LIMITED_10-07-2019, BRICKWORK RATINGS INDIA PRIVATE LIMITED_20-06-2018, BRICKWORK RATINGS INDIA PRIVATE LIMITED_04-05-2018, BRICKWORK RATINGS INDIA PRIVATE LIMITED_31-03-2017, BRICKWORK RATINGS INDIA PRIVATE LIMITED_24-02-2016, BRICKWORK RATINGS INDIA PRIVATE LIMITED_30-09-2014, BRICKWORK RATINGS INDIA PRIVATE LIMITED_28-03-2014, BRICKWORK RATINGS INDIA PRIVATE LIMITED_07-12-2012, BRICKWORK RATINGS INDIA PRIVATE LIMITED_21-09-2012, BRICKWORK RATINGS INDIA PRIVATE LIMITED_10-06-2011, CARE Ratings Limited_05-07-2023, CARE Ratings Limited_06-07-2022, ICRA LIMITED_28-05-2024, ICRA LIMITED_29-05-2023, ICRA LIMITED_17-08-2022. 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 INE039A07819 having a coupon rate of NA and the bond with ISIN INE039A09NM1 having a coupon rate of 10.75% and the bond with ISIN INE039A09OG1 having a coupon rate of 9.16% and the bond with ISIN INE039A09MC4 having a coupon rate of 9.75%. 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.