InCred Financial Services Limited - INE321N07442

InCred Financial Services Limited - INE321N07442

Corporate Bond

Private Issue

Yield to Maturity
9.75%
Coupon Rate
9.50%
Maturity Date
18 Sep 2026
Min Investment
₹1,03,441.97
ISIN
INE321N07442copy
Face Value
₹1,00,000
Price Per Unit
₹1,03,441.97
About Issue
This ICRA AA- rated bond from INCRED FINANCIAL SERVICES LIMITED, a NBFC, offers a Fixed coupon of 9.5% with maturity on 18 September 2026. Issued through the Private placement as under ISIN INE321N07442, 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
ICRA AA- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Nature of Instrument
Listed
Unlisted
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
At Maturity
Coupon Type
Fixed
Sector
NBFC
Total Issue Size
350.00 Cr
Allotment Date
19 Sep 2024
Remaining Tenure
14M
Settlement Date
01 Aug 2025
Debenture Trustee
Catalyst trusteeship Limited
Security Name
INCRED FINANCIAL SERVICES LIMITED 9.50 NCD 18SP26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
ICRA AA- (Stable)
Date of Rating
31 Dec 2024
Key Investment Highlights
Pricing Details
Documents
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