Technical Profile

HERO FINCORP LIMITED

7.65% UNSECURED RATED LISTED SUBORDINATED TIER II REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/042. DATE OF MATURITY 11/12/2030.

INE957N08078 Active

Essentials

Coupon Rate

7.65%

Rating

AA+

Interest Frequency

AnnualOnce A Year

Maturity

4 years 4 months11 December 2030

Face Value

₹10,00,000

Coupon Type

Simple

Issue Details

Issue Size

₹250 Cr

Issue Price

₹10,00,000

Security Class

Debentures

Listing

Listed

Mode

Private Placement

Registrar

KFIN TECHNOLOGIES LIMITED

Ownership

Non PSU

Date of Allotment

11 Dec 2020

Yield Intensity

Last 50 institutional transactions

Current LTY

Risk Profile

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies.

Credit Rating Analysis

Current Rating

AA+

Active

Rating Agency

CRISIL RATINGS LIMITED

Evaluation Date

07-12-2020

Verified

Terminal-Grade Data Institutional Source

Return Calculator

Estimate your coupon income — adjust the amount below

You invest

₹10,00,000

1 bond × ₹10,00,000 face value

Number of bonds

bond

Hold until4y 4m left

Defaults to maturity (Dec 2030). Pick an earlier date to model an exit.

Coupon 7.65%Yield (LTY) 9.35%

You could earn about ₹76,500 per year in interest.

Annual interest income₹76,500

Total interest (4y 4m)₹3,34,275

Value at maturity

₹13,34,275

Principal returned + interest earned

Simple-interest estimate assuming coupons are paid out (not reinvested) and principal is redeemed at face value on maturity. Actual returns depend on your purchase price, accrued interest, reinvestment and taxes. Not investment advice.

Repayment Priority

Higher level indicates higher priority of investment repayment.

Senior Secured

Collateral Security

Assets pledged to protect capital in extreme default events.

Secured Asset

Guarantee Type

Third-party guarantee if the primary issuer defaults.

Guaranteed

HERO FINCORP LIMITED

What is my risk?

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