Reliance Home Finance Pvt Ltd - Secured,Redeemable,Non-Convertible Debentures
Given
below please find Reliance Home Finance Pvt. Ltd. terms for your kind perusal
and consideration.
|
Issuer
|
Reliance
Home Finance Pvt Limited (RHFPL)
|
|
Instrument
|
Secured,Redeemable,Non-Convertible
Debentures
|
|
Coupon
Rate (Annualised)
|
10.00
%semi (10.25% annualized)
|
|
Tenor
|
10years
|
|
Proposed
Listing
|
RCL
intends to list these debentures on the Corporate Debt Market Segment of BSE
|
|
Form
of issue / Holding
|
These
debentures would be issued only in Dematerialized form (Demat) through authorized
DP.
|
|
Trading
|
Demat
mode only
|
|
Rating
|
AA+by
Brickworks, AA +by CARE
|
|
Security
|
The
debentures shall be secured with an asset cover of 100%of the issue amount
|
|
Face
Value
|
Rs.10,00,000/-
each (Rupees Ten Lakhs only)
|
|
Minimum
Amount
|
Rs
One Crore
|
|
Issue
Price
|
At
Par
|
|
Interest
on application money
|
At
coupon rate from the date of credit in Company’s account till the day prior
to the date of allotment
|
|
Redemption
Price
|
At
Par
|
|
Interest
Payment Frequency
|
Annually
on Actual/Actual Basis
|
|
Tax
Benefits
|
There
are no specific tax benefits attached to the debentures. Investors are
advised to consider the tax implications of their investments in the
debentures
|
|
Tax
Deductible at Source
|
The
interest payments on these debentures are subject to TDS rules as may be
applicable as per extant tax laws.
|
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