Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited) - INE244L07317
Other Financial Institutions
corporate
Coupon Rate
9.80%
Maturity Date
02 Feb 2028
ISIN
INE244L07317
Face Value
₹800
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 9.8% with maturity on 02 February 2028. Issued through the Public offer as under ISIN INE244L07317, 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
CRISIL AA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
02 Feb 2023
Remaining Tenure
2Y 7M
Security Name
INDIABULLS COMMERCIAL CREDIT LIMITED SR VII CAT I&II 9.80 LOA 02FB28 FVRS800
Risk Assessment
Credit Rating
Rating
CRISIL AA (Stable)
Date of Rating
31 May 2024
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