CIFCL-9.20%-PERPETUAL-PVTCIFCL-9.20%-PERPETUAL-PVTCIFCL-9.20%-PERPETUAL-PVT

CIFCL-9.20%-PERPETUAL-PVT

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920CIFCL31 analysis



Key facts


Issue date
May 25, 2021
Outstanding amount
‪1.00 B‬INR
Face value
500,000.00INR
Minimum denomination
20,000,000.00INR
Coupon
9.20% (Variable)
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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