888

SHFL-8.93%-27-9-27-PVT

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Overview
Analysis

893SHFL27 analysis



Key facts


Issuer
Satin Housing Finance Ltd.
Issue date
Sep 27, 2024
Maturity date
Sep 27, 2027
Outstanding amount
‪250.00 M‬INR
Face value
100,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
8.93% (Fixed)
Satin Housing Finance is a banking company that focuses on providing affordable housing finance solutions. It operates as a wholly owned subsidiary of Satin Creditcare Network Limited, one of India's large microfinance institutions. The company's mission is to become a top provider of housing finance in the rural and semi-urban segments of India. It offers a range of services including grievance redressal, property document release procedures, and fair practice codes. The company also has a strong focus on corporate social responsibility and social and environmental guidelines.
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