Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited) - INE244L08042

Other Financial Institutions

corporate

Coupon Rate
8.85%
Maturity Date
28 Mar 2028
ISIN
INE244L08042copy
Face Value
₹1,00,000
About Issuer
This AA- rated bond from Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited), a corporate, offers a Fixed coupon of 8.85% with maturity on 28 March 2028. Issued through the Private placement as under ISIN INE244L08042, 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
CARE AA- (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
100.00 Cr
Allotment Date
02 May 2019
Remaining Tenure
2Y 7M
Security Name
INDIABULLS COMMERCIAL CREDIT LIMITED 8.85 NCD 28MR28 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AA- (Stable)
Date of Rating
08 Oct 2024
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