Aavas Financiers Limited - INE216P07258

Other Financial Institutions

corporate

Coupon Rate
8.42%
Maturity Date
15 Jan 2030
ISIN
INE216P07258copy
Face Value
₹1,00,000
About Issuer
This AA rated bond from Aavas Financiers Limited, a corporate, offers a Floating coupon of 8.42% with maturity on 15 January 2030. Issued through the Private placement as under ISIN INE216P07258, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CARE AA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Floating
Sector
corporate
Total Issue Size
-
Allotment Date
15 Jan 2025
Remaining Tenure
4Y 6M
Security Name
AAVAS FINANCIERS LIMITED SR A 8.42 RR NCD 15JN30 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
21 Mar 2025
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