Indostar Capital Finance Limited
Indostar
Bond Overview
Coupon Rate
9.95%
Quarterly payments
Tenure
20 Months
Matures on 28 February 2026
Credit Rating
AA-
High Safety
Face Value
₹1,00,000
Min: ₹1,00,000
Issue Date
29 August 2024
Maturity Date
28 February 2026
Interest Payment
Quarterly
Minimum Investment
₹1,00,000
ISIN
INE896L07959
Security Type
Secured
Repayment Priority
Senior
Yield to Maturity
10.25%
Market Value
₹1,00,310
28 Jun 2024
29 Apr 2026
28 Feb 2026
Total Tenure
20 Months
Time Elapsed
100%
Time Remaining
0%
Investment Summary
Returns Breakdown
Credit Rating Scale
AA- rating indicates high degree of safety regarding timely servicing of financial obligations.
Risk Assessment
This bond has minimal risk of default and is suitable for conservative investors.
This bond is backed by specific assets as collateral
Collateral Information
Asset-Backed Security
This bond is secured by specific assets of the issuer that can be claimed by bondholders in case of default.
Collateral Ratio
The bond is secured with collateral valued at 1.2x the bond issuance amount, providing additional security.
Collateral Type
The collateral consists of physical assets, receivables, and investments owned by the issuer.
Repayment Priority: Senior
Priority Level
Senior bonds have priority claim on the issuer's assets in case of bankruptcy or liquidation.
Creditor Protection
As a senior bondholder, you have stronger creditor protection and lower risk compared to subordinated debt.
Higher level investments are prioritisedin the event of a default.
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Min. quantity: 1 bonds (₹1,00,000)
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