Tata Capital Housing Finance Limited
INACTIVE
ISIN: INE033L08197
Issuer Details
Issuer Name
TATA CAPITAL HOUSING FINANCE...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
9.25%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U67190MH2008PLC187552
Name of the Lead Manager
-
Registrar
TSR Darashaw Private Limited
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
9.25% UNSECURED REDEEMABLE N...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
35
Category of Instrument
-
Allotment Date
22-07-2015
Redemption Date
22-07-2025
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 2
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A.
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About Tata Capital Housing Finance Limited bond with ISIN: INE033L08197
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 INE033L08197, represents a significant financial instrument. Issued by TATA CAPITAL HOUSING FINANCE LIMITED, it comes with the following description: "9.25% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES AS TIER II CAPITAL. SERIES TCHFL TIER II BONDS B FY 2015-16. DATE OF MATURITY 22/07/2025". 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, TATA CAPITAL HOUSING FINANCE 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) U67190MH2008PLC187552 further bolster its credibility. With a coupon rate of 9.25%, this instrument has been meticulously managed with the assistance of TSR Darashaw Private Limited and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 35. It was allotted on 7/22/2015 and is scheduled for redemption on 7/22/2025. 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 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: 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_25-10-2024, ICRA LIMITED_13-08-2024, ICRA LIMITED_24-11-2023, ICRA LIMITED_24-11-2023, ICRA LIMITED_21-02-2023, ICRA LIMITED_09-12-2022. 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 INE033L07HW6 having a coupon rate of 7.85% and the bond with ISIN INE033L07IG7 having a coupon rate of 7.92% and the bond with ISIN INE033L07EC5 having a coupon rate of 8.6% and the bond with ISIN INE033L07EM4 having a coupon rate of 8.78%. 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.