Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited) - INE244L07150

Other Financial Institutions

corporate

Coupon Rate
8.75%
Maturity Date
25 Sep 2028
ISIN
INE244L07150copy
Face Value
₹1,000
About Issue
This AA- rated bond from Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited), a corporate, offers a Fixed coupon of 8.75% with maturity on 25 September 2028. Issued through the Public offer as under ISIN INE244L07150, 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)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
25 Sep 2018
Remaining Tenure
3Y 2M
Security Name
INDIABULLS COMMERCIAL CREDIT LIMITED SR VI CAT I & II 8.75 LOA 25SP28 FVRS1000
Risk Assessment
Credit Rating
Rating
CARE AA- (Stable)
Date of Rating
08 Oct 2024
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