IndoStar Capital Finance Limited - INE896L07942

Microfinance

corporate

Coupon Rate
9.95%
Maturity Date
24 Sep 2025
ISIN
INE896L07942copy
Face Value
₹1,00,000
About Issuer
This AA- rated bond from IndoStar Capital Finance Limited, a corporate, offers a Fixed coupon of 9.95% with maturity on 24 September 2025. Issued through the Private placement as under ISIN INE896L07942, 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)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
325.00 Cr
Allotment Date
24 Jan 2024
Remaining Tenure
11D
Security Name
INDOSTAR CAPITAL FINANCE LIMITED SR XV 25 9.95 NCD 24SP25 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA- (Stable)
Date of Rating
24 Sep 2024
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