Edel Finance Company Limited - INE918K08019
Other Financial Institutions
corporate
Coupon Rate
11.00%
Maturity Date
29 Jul 2025
ISIN
INE918K08019
Face Value
₹10,00,000
About Issue
This A+ rated bond from from Edel Finance Company Limited, a corporate, offers a Fixed coupon of 11% with maturity on 29 July 2025. Issued through the Private placement as under ISIN INE918K08019, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Key Attributes
Rating
[ICRA]A+ (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
29 Jul 2015
Remaining Tenure
0D
Security Name
EDEL FINANCE COMPANY LIMITED 11 NCD 29JL25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]A+ (Stable)
Date of Rating
22 Jun 2023
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