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7.70% LIC Housing Finance 2031
active
non convertible debentures
Unsecured
ISIN
INE115A08377
Investment Details
Key Terms
Minimum Investment
₹10,11,054.79
For Settlement Date Mar 24, 2026
Maturity Date
19 Mar 2031
4 Years 11 Months 23 Days
Payment Frequency
annually
Coupon Rate
7.70 %
fixed
Financial Details
Coupon Type
fixed
Yield to maturity
7.45% p.a
Current Yield
7.62%
Clean Price
₹101.00
Dirty Price
₹101.11
Bond Details
Issue Size
N/A
Base Issue Size
N/A
Greenshoe Option Size
N/A
Issue Closes
N/A
Issue Type
public sector company
Face Value
₹10,00,000.00
Listed
Yes
Allotment Mode
N/A
Mode OF Issue
private placement
Settlement Date
Mar 24, 2026
Coupon Type
fixed
Call Date
N/A
Put Date
N/A
Tier
N/A
Perpetual
No
Issue Date
19 Mar 2021
Risk Factor
Tax Type
Taxable
Tax Free
Mode of Issue
Public
Private
Seniority
Non-Senior
Senior
Security
Unsecured
Secured
Issue Managers
Current MD/CEO
Viswanatha Gowd
Debenture Trustee
Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)
Credit Rating
Instrument Rating
AAA
Rating Rationale (CARE)
Download Details
Rating Date
05/01/24
Outlook
stable
Cash Flow
Investment Amount
₹10,11,054.79
Settlement Date
Payment Term
annually
Units
1
Repayment Schedule
Download
Date
Interest (7.70%)
Principal
Mar 19, 2027
₹77,000.00
-
Mar 19, 2028
₹77,000.00
-
Mar 19, 2029
₹77,000.00
-
Mar 19, 2030
₹77,000.00
-
Mar 19, 2031
₹77,000.00
₹10,00,000.00
Net Returns
₹3,85,000.00
₹10,00,000.00
Gross Returns(Interest Earned + Total Principal)
₹13,85,000.00
Documents
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Debt Quality
Security
This bond is UNSECURED
Seniority
In case of default, the bond holders will be considered 'Subordinate Tier 2' for payment
Listed
It got listed on exchange on Mar 23, 2021
Issuer
LIC Housing Finance
Issuer Overview
Incorporated in 1989, LIC Housing Finance Ltd (LICHFL) is one of the largest Housing Finance Companies in India with a key objective of providing long term finance to individuals for the purchase or construction of house/flat for residential purposes in India. LICHFL also provides finance on existing property for business/ personal needs and also gives loans to professionals for purchase/construction of Clinics/Nursing Homes/ Diagnostic Centers/ Office Space and also for purchase of equipment. The Company also provides finance to builders and developers engaged in the business of construction of houses or flats for residential purpose and to be sold by them. The Company went public in 1994 and since then its stocks are listed and actively traded on the National Stock Exchange (NSE) and Bombay Stock Exchange Limited (BSE). LIC HFL is amongst the pioneers in India ensuring access to housing finance for home ownership. With a strong business foundation, an extensive distribution network and proven industry expertise, LIC HFL is a respected and trusted financial services company. We pride in having served over 25 lakhs prudent home owners.
Industry
Financial Services
Year Founded
1989
Sector
N/A
Ownership
N/A
Head Office
Mumbai
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Investment Calculator
1 units
₹13,96,054.79Total Returns
Invested Amount
₹10,11,054.79
Earned Interest
₹3,85,000.00
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Standard Disclaimer
Investment in securities market are subject to market risks, read all the related documents carefully before investing.
Registration Details
JM Financial Services Ltd.
Corporate Identity Number: U67120MH1998PLC115415
https://www.jmfinancialservices.in
Registered Office
JM Financial Services Limited, 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
Tel.: (022) 6630 3030. Fax: (022) 6630 3223
Corporate Office
JM Financial Services Limited, 5th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
Tel.: (022) 6704 0404. Fax: (022) 6704 3139
Standard Disclaimer
Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities/securitised debt instruments are subject to credit risks, market risks and default risks including delay and/or default in payment. Read all the offer related documents carefully
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