CIFCL-8.40%-4-5-28-NCDCIFCL-8.40%-4-5-28-NCDCIFCL-8.40%-4-5-28-NCD

CIFCL-8.40%-4-5-28-NCD

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840CIFCL28 analysis



Key facts


Issue date
May 4, 2023
Maturity date
May 4, 2028
Outstanding amount
‪500.00 M‬INR
Face value
1,000.00INR
Minimum denomination
10,000.00INR
Coupon
8.40% (Fixed)
Yield to maturity
7.11%
Cholamandalam Investment & Finance Co. Ltd. engages in the provision of financial services. It operates through the following segments: Vehicle Finance Loans, Loan Against Property, Home Loans, and Other Loans. The Vehicle Finance Loans segment includes loans to customers against purchase of new/used vehicles, tractors, construction equipment, and loan to automobile dealers. The Home Loans segment includes loans given for acquisition of residential property. The Loan Against Property segment includes loans to customer against immovable property. The Other Loans segment involves loans against shares and other unsecured loans. The company was founded on August 17, 1978 and is headquartered in Chennai, India.
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