Forthcoming private placement issues – Fixed Income Securities

In present scenario investors are scouting for higher yield/interest on their investment in Fixed Income Securities. Above two instruments are offering higher interest rate and are available at par. Both the instruments are not secured, but considering the past track record of the management one can consider part allocation in this securities.

Name of the Issuer Hinduja Leyland Finance Ltd Tata Motors Finance Ltd
Interest Rate 9.75% 9.55%
Nature of Security Sub Debt Unsecured Perpetual (Tier I & II)
Rating AA- CRISIL/ICRA A ICRA (Negative)
Call option N.A 1st March 2031
Maturity 18th July 2026 Perpetual
Interest Payment Date 18th February Annual 1st March Annual
Date of Issue 18th February 2021 1st March 2021
Face Value per Bond Rs. 10 Lakhs Rs. 10 Lakhs
Our offer Price Rs. 10 Lakhs (At Face Value) Rs. 10 Lakhs (At Face Value)
Nature of Holding In Demat form only In Demat form only