Smfg India Home Finance Company Limited

About Smfg India Home Finance Company Limited bond with ISIN: INE213W07129

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 INE213W07129, represents a significant financial instrument. Issued by SMFG INDIA HOME FINANCE COMPANY LIMITED, it comes with the following description: "8.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 12. DATE OF MATURITY 12/02/2025". 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, SMFG INDIA HOME FINANCE COMPANY 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) U65922TN2010PLC076972 further bolster its credibility. With a coupon rate of 8.65%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 150. It was allotted on 2/12/2020 and is scheduled for redemption on 2/12/2025. 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 AAA as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of AAA 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: 1. FIRST PARI PASSU MORTGAGE CHARGE INTER SE THE DEBENTURE HOLDERS OVER COMPANY'S IMMOVABLE PROPERTY SITUATED AT PLOT NO. 60, ARLINGTON COUNTY PHASE III, MEVALURKUPPAM, CHENNAI. 2. FIRST PARI PASSU MORTGAGE CHARGE INTER SE THE DEBENTURE HOLDER OVER THE COMPANY IMMOVABLE PROPERTY, ASSETS OF THE COMPANY COMPRISING LOAN RECEIVABLES CONTACT ISSUER FOR MORE DETAILS – 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_11-10-2024, CARE RATINGS LIMITED_14-12-2023, CARE RATINGS LIMITED_09-10-2023, CARE RATINGS LIMITED_06-07-2023, CARE RATINGS LIMITED_07-07-2022, CARE RATINGS LIMITED_07-07-2022. 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 INE213W08044 having a coupon rate of 8.4% and the bond with ISIN INE213W07236 having a coupon rate of 8.3% and the bond with ISIN INE213W07186 having a coupon rate of 3 MONTH TBILL and the bond with ISIN INE213W07244 having a coupon rate of Repo Rate. 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.