Bonds/Debenture Details
ISIN INE027E07AY4

Issuer Details

Issuer Name: L&T FINANCE LIMITED   Issuer Former Name:
  1. FAMILY CREDIT LIMITED
  2. APEEJAY FINANCE GROUP LIMITED
  3. APEEJAY FINANCE GROUP PRIVATE LIMITED
Corporate Identity Number(CIN): U65910WB1993FLC060810    
Type of Issuer Based on Ownership: Non PSU   Type of Issuer - Nature: NBFC
Registered Office Address of Issuer: TECHNOPOLIS, 7TH FLOOR, WING - A, PLOT NO - 4, BLOCK - BP, SECTOR - V, SALT LAKE, KOLKATA - 700091, WEST BENGAL.   Business Sector: Finance
Name of the Compliance Officer/Company Secretary: MR.NAGARAAJAN IYER    

Instrument details

Instrument Description (Long): 8.60% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES IV  OPTION 8. DATE OF MATURITY 23/12/2024.
Instrument Description(short): L&T FINANCE LIMITED SR IV OPT 8 8.60 LOA 23DC24 FVRS1000
ISIN: INE027E07AY4  
Type of Instrument: Debentures   Face Value (per instrument):: 1000
Whether Secured or Unsecured: Secured   Coupon Basis: Fixed Interest
Whether Guaranteed or Partially Guaranteed: Not guaranteed   Coupon Rate: 8.60%
      Details of Variable Coupon Rate: N.A
Seniority in Repayment:   Day Count Convention:
Whether tax free: No   Mode of Issue: Public Issue
If Tax free - Section of The Income Tax Act,1961:     Issue price (per instrument): 1122.55
    Issue Size (in Crores): 325.527
Series (if any): SERIES IV  OPTION 8   Total Allotment Quantity: 1549365
Whether bonds/debentures fall under Infrastructure category as per Government notification: No   Date of Allotment: 23-Dec-2019
    Tenure of the instrument at the time of Issuance:
Year :
5
Months :
0
Days :
0
    Frequency of Interest Payment with specified dates: PAYABLE ANNUALLY STARTING FROM 23/12/2020,23/12/2021 AND SO ON TILL MATURITY.
Scheduled Opening Date:   Put Option with specified dates:
Scheduled Closing Date:   Call Option with specified dates:
Actual Closing Date:   Redemption Date/Last Conversion Date: 23-Dec-2024
      Defaulted in Redemption: Not Applicable
     
If guaranteed, provide complete details regarding the Guarantee:   Redemption Premium Details: N.A
Step up / Step down coupon basis:   Step up / Step down details: N.A
Indicate whether Put option will be exercised at Discount/Premium/Par:   Put option details: N.A
Indicate whether Call option will be exercised at Discount/Premium/Par:   Call option details: N.A
Whether Debentures/Bonds are perpetual in nature: No   Indicate whether the instrument is rated: Yes
Type of Convertibility - A: Non Convertible   Convertibility details: N.A
Type of Convertibility - B:   Coupon Type: Simple
Compounding Frequency Details: N.A   If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: THE PRINCIPAL AMOUNT OF THE SECURED NCDs TO BE ISSUED IN TERMS OF THIS TRANCHE I PROSPECTUS TOGETHER WITH ALL INTEREST DUE ON THE SECURED NCDs IN RESPECT THEREOF SHALL BE SECURED BY WAY OF EXCLUSIVE CHARGE IN FAVOUR OF THE DEBENTURE TRUSTEE ON SPECIFIC PRESET AND/OR FUTURE RECEIVABLES/ASSETS OF THE COMPANY.CONTACT ISSUER FOR MORE DETAILS.
Credit rating Details
Credit Rating Agency Name Rating Date of Credit Rating Date of Rating Change
CARE RATINGS LIMITED CARE AAA 06-Dec-2019
Sr. No. Credit Rating Agency Name Rating Date of Credit Rating Verification Status
1 CRISIL RATINGS LIMITED CRISIL AAA/Stable 05-Dec-2019 Verified
2 INDIA RATING AND RESEARCH PVT. LTD IND AAA/Stable 15-Nov-2019 Verified
3 CARE RATINGS LIMITED CARE AAA/Stable 06-Dec-2019 Verified
Arranger/Lead Manager Details
Arranger Details
Sr. No. Arranger Contact Person Registered Office Address Phone No. Fax Email
Nothing found to display.

Lead Manager Details
Sr. No. Lead Manager Contact Person Registered Office Address Phone No. Fax Email
1 A.K. CAPITAL SERVICES LTD VIKAS S. AGARWAL FLAT NO. N, SAGAR APARTMENTS,
6, TILAK MARG
NEW DELHI
DELHI
110001
011-23730752 011-23385189 vikas.agarwal@akgroup.co.in
2 EDELWEISS FINANCIAL SERVICES LTD B. RENGANATHAN EDELWEISS HOUSE, OFF. C.S.T. ROAD, KALINA
MUMBAI
MUMBAI
MAHARASHTRA
400098
2240635467 mbcomplaince@edelcap.com
3 TRUST INVESTMENT ADVISORS PVT LTD MR. BALKRISHNA A. SHAH 109/110, BALRAMA,
BANDRA KURLA COMPLEX, BANDRA (EAST)
MUMBAI
MAHARASHTRA
400051
022 - 40845000 022 - 40845007 info@trustgroup.co.in
Stock Exchange Details
Sr. No. Name of the Stock Exchange Listed/Unlisted/To be listed Date of listing Annual report Term Sheet
1 NSE Listed 26-Dec-2019 https://www1.nseindia.com/corporates/corporateHome.html?id=recentissues
2 BSE Listed 26-Dec-2019
Redemption Details
Type of Redemption Indication of Put/Call for Partial redemption Details of Partial Redemption
Full Redemption N.A N.A
Partial Redemption
Sr. No. Partial Redemption Date Face Value Redemption Quantity Redemption Redemption Basis
Nothing found to display.

Partial Redeemed
Redemption Method Partial Redemption Date Value Redeemed Quantity Redemption Redemption Reason
Total 0 0
Nothing found to display.
Net Quantity: 0
Debenture Trustee Details
Sr. No. Name of Debenture Trustee Address Contact Details Website Address
1 IDBI Trusteeship Services Limited Asian Building, Ground Floor, 17 R. Kamani Marg, Ballard Estate,Mumbai-400001,Maharashtra Mr. S.B.Gunware,022-40807003,022-26537091 www.idbitrustee.com

Debenture Trustee Default Details
Sr. No. Nature of Issue Issue Size Due Date of Interest Due Date of Redemption Default Details Actual Payment Date and Details
Nothing found to display.
Registrar Details
Registrar Address of Registrar Contact Person Phone No. Fax Email
Link Intime India Private Limited,Mumbai C-13, Pannalal Silk Mills CompoundLBS MargBhandup (W)Mumbai400 078 Mr. Sanjeev Nandu 022-25963838 25946979 sanjeev.nandu@linkintime.co.in; mumbai@linkintime.co.in