India Home Loans Limited
INACTIVE
ISIN: INE274E07012
Issuer Details
Issuer Name
INDIA HOME LOANS LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
11%
Industry
Finance
Issuer nature
-
Corporate Identity Number (CIN)
L65910MH1990PLC059499
Name of the Lead Manager
-
Registrar
Purva Sharegistry (India) Pr...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
11% SECURED RATED LISTED RE...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
20
Category of Instrument
-
Allotment Date
30-06-2020
Redemption Date
30-06-2023
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
105%
Details of Asset Cover
105% BOOK DEBTS
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About India Home Loans Limited bond with ISIN: INE274E07012
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 INE274E07012, represents a significant financial instrument. Issued by INDIA HOME LOANS LIMITED, it comes with the following description: "11% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 30/06/2023". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, INDIA HOME LOANS LIMITED, classified as N/A, 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) L65910MH1990PLC059499 further bolster its credibility. With a coupon rate of 11%, this instrument has been meticulously managed with the assistance of Purva Sharegistry (India) 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 1000000 with an issue size of 20. It was allotted on 6/30/2020 and is scheduled for redemption on 6/30/2023. Categorized under "N/A" and defined as Secured, 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 D as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of D 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: 105% BOOK DEBTS – 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, CARE RATINGS LIMITED_10-07-2024, Infomerics Valuation and Rating Pvt. Ltd_07-02-2025, CARE RATINGS LIMITED_13-07-2023, CARE RATINGS LIMITED_15-07-2022, Infomerics Valuation and Rating Pvt. Ltd_14-07-2022, Infomerics Valuation and Rating Pvt. Ltd_14-07-2022, Infomerics Valuation and Rating Pvt. Ltd_14-07-2022, Infomerics Valuation and Rating Pvt. Ltd_14-07-2022, Infomerics Valuation and Rating Pvt. Ltd_14-07-2022, Infomerics Valuation and Rating Pvt. Ltd_15-07-2021, Infomerics Valuation and Rating Pvt. Ltd_15-07-2021, Infomerics Valuation and Rating Pvt. Ltd_15-07-2021, Infomerics Valuation and Rating Pvt. Ltd_15-07-2021. 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 INE0LLX07302 having a coupon rate of N/A and the bond with ISIN INE0LLX07989 having a coupon rate of 10.5% and the bond with ISIN INE007N08015 having a coupon rate of 9.9% and the bond with ISIN INE007N07033 having a coupon rate of GSEC 2032. 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.