IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement

IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement is an Indian company in the finance industry (formerly Il&Fs Finvest Limited and Il&Fs Asset Managemnet Company Limited) with 5 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.23% to 9% a year. Maturity dates run from 20 Feb 2027 to 31 Dec 2099. NSDL records 2 of the 5 whose terms it holds as secured. Latest credit ratings on record: India Ratings D (No Outlook) (action dated 13 May 2026); Brickwork D (No Outlook) (action dated 12 Feb 2026); CARE D (No Outlook) (action dated 26 Dec 2025). Verify current terms against the official documents linked on this page.

Data as of 29 Oct 2026 · How this page is compiled

Issuer overview

Legal name
Il&Fs Financial Services Limited
Formerly
Il&Fs Finvest Limited; Il&Fs Asset Managemnet Company Limited
CIN
U65990MH1995PLC093241
LEI
3358009P7J1RA3LG1K51
Industry
Finance
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE121H
Outstanding bonds (ISINs)
5 (plus 7 matured)
Stated coupons (fixed rate)
8.23% – 9%
Maturity dates
20 Feb 2027 – 31 Dec 2099
Secured (NSDL)
2 of 5
Combined issue size of outstanding bonds
₹450 crore

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds: ISIN, coupon and maturity

5 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE121H07BT6 NCD 8.5% Yearly 20 Feb 2017 20 Feb 2027 ₹1,000 50.00 Secured None recorded India Ratings D 13 May 2026
INE121H07BU4 NCD 8.23% Yearly 5 Apr 2017 5 Apr 2027 ₹1,000 100 Secured None recorded India Ratings D 13 May 2026
INE121H08164 NCD 8.9% Yearly 23 Apr 2018 23 Apr 2028 ₹1,000 100 Unsecured None recorded India Ratings D 13 May 2026
INE121H08156 Perpetual debt 9% Yearly 22 Mar 2018 31 Dec 2099 ₹10,00,000 100 Unsecured None recorded CARE D 26 Dec 2025
INE121H08149 Perpetual debt 8.8% Yearly 29 Dec 2017 31 Dec 2099 ₹10,00,000 100 Unsecured None recorded CARE D 26 Dec 2025
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.

IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings D No Outlook Reaffirm 13 May 2026 3 Checked 28 Oct 2026
Brickwork D No Outlook Reaffirm 12 Feb 2026 2 Checked 28 Oct 2026
CARE D No Outlook Reaffirm 26 Dec 2025 5 Checked 28 Oct 2026
Rating history
Date Agency Rating Outlook Action
13 May 2026 India Ratings D No Outlook Reaffirm
12 Feb 2026 Brickwork D No Outlook Reaffirm
26 Dec 2025 CARE D No Outlook Reaffirm
15 May 2025 India Ratings D No Outlook Reaffirm
5 Mar 2025 Brickwork D No Outlook Reaffirm
27 Dec 2024 CARE D No Outlook Reaffirm
17 May 2024 India Ratings D No Outlook Reaffirm
13 Mar 2024 Brickwork D No Outlook Reaffirm
28 Dec 2023 CARE D No Outlook Reaffirm
9 Nov 2023 India Ratings D No Outlook Reaffirm
12 May 2023 India Ratings D No Outlook Reaffirm
5 Jan 2023 Brickwork D No Outlook Reaffirm
29 Dec 2022 CARE D No Outlook Reaffirm
17 Nov 2022 India Ratings D No Outlook Reaffirm
12 Mar 2020 CARE D — —

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CARE, India Ratings, Brickwork

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
4 Jul 2018 INE121H07CD8 4 Jul 2023 Placement memorandum on BSE
3 May 2018 INE121H07CC0 3 May 2025 Placement memorandum on BSE
23 Apr 2018 INE121H08164 23 Apr 2028 Placement memorandum on BSE
16 Apr 2018 INE121H07CB2 16 Apr 2025 Placement memorandum on BSE
28 Mar 2018 INE121H07CA4 28 Mar 2023 Placement memorandum on BSE
22 Mar 2018 INE121H08156 31 Dec 2099 Placement memorandum on BSE
29 Dec 2017 INE121H08149 31 Dec 2099 Placement memorandum on BSE
1 Aug 2017 INE121H07BX8 1 Aug 2022 Placement memorandum on BSE
25 Jul 2017 INE121H07BW0 25 Jul 2022 Placement memorandum on BSE
22 Jun 2017 INE121H07BV2 22 Jun 2024 Placement memorandum on BSE
5 Apr 2017 INE121H07BU4 5 Apr 2027 Placement memorandum on BSE
20 Feb 2017 INE121H07BT6 20 Feb 2027 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds: questions and answers

What bonds has IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement issued?

IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement has 5 outstanding bonds recorded on this page. By type, as described by NSDL: 3 NCDs, 2 perpetual debt. 7 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds?

Its 5 outstanding bonds each have their own ISIN, for example INE121H07BT6, INE121H07BU4, INE121H08164. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE121H.

What coupon rates do IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.23% to 9% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds mature?

Its outstanding bonds have maturity dates from 20 Feb 2027 to 31 Dec 2099. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds?

NSDL India Bond Info records India Ratings D (No Outlook) (action dated 13 May 2026); Brickwork D (No Outlook) (action dated 12 Feb 2026); CARE D (No Outlook) (action dated 26 Dec 2025) on its outstanding bonds. Checked on NSDL on 28 Oct 2026. A rating is the agency's opinion and can change at any time.

Are IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds secured, unsecured or guaranteed?

NSDL records 2 of the 5 outstanding bonds whose terms it holds as secured and 3 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement the same company as Il&Fs Finvest Limited?

Yes. IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement was formerly known as Il&Fs Finvest Limited and Il&Fs Asset Managemnet Company Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65990MH1995PLC093241.

Where can investors find the original disclosure documents for IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of IL&FS Financial Services LimitedSecured Redeemable Non-Convertible Debentures 2019 Series IV issued on private placement bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 29 Oct 2026. Facts on this page last changed on 29 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

Bond Interpretation
Bond Interpretation
Bond Interpretation is Newsinterpretation's desk for Indian bond issuers. Its issuer profiles are compiled automatically from issuers' own disclosures and public records (NSDL India Bond Info, BSE), with research and editorial review by Riskpro. Profiles are information, not investment advice.

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