Sundaram Finance Limited - INE660A07QP4
Microfinance
corporate
Coupon Rate
6.03%
Maturity Date
27 Nov 2025
ISIN
INE660A07QP4
Face Value
₹10,00,000
About Issue
This AAA rated bond from Sundaram Finance Limited, a corporate, offers a Fixed coupon of 6.03% with maturity on 27 November 2025. Issued through the Private placement as under ISIN INE660A07QP4, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
[ICRA]AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
130.00 Cr
Allotment Date
21 Jan 2021
Remaining Tenure
120D
Security Name
SUNDARAM FINANCE LIMITED SR U10 6.03 NCD 27NV25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
24 Sep 2021
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