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Instrument Details

ISIN: INE046W07198

Face value

₹10,00,000

Coupon rate

9.90%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

93.2

Instrument Type

Debenture

Returns

High

Date of Issue

15 Jun 2022

Maturity Date

15 Dec 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

A+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

MUTHOOT MICROFIN LIMITED 9.9 NCD 15DC25 FVRS10LAC
Muthoot Microfin Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE046W07198, with a face value of ₹10,00,000 rs on 15Jun22 to raise 93.2 crores. The debt instrument is issued with a coupon rate of 9.90% and its interest is paid Quarterly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 9.9% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 15/12/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 12May22. This issuer is formerly known as PANCHRATNA SECURITIES LIMITED, PANCHARATNA STOCK & INVESTMENT CONSULTANCY SERVICES LIMITED, PANCHARATNA STOCK & INVESTMENT CONSULTANCY SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+
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Date Verified
20 Oct 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
15-Jun-22 : Your investment
₹24,75,000
15-Sep-22 : Interest
₹24,75,000
15-Dec-22 : Interest
₹24,75,000
15-Mar-23 : Interest
₹24,75,000
15-Jun-23 : Interest
₹24,75,000
15-Sep-23 : Interest
₹24,75,000
15-Dec-23 : Interest
₹24,75,000
15-Mar-24 : Interest
₹24,75,000
15-Jun-24 : Interest
₹24,75,000
15-Sep-24 : Interest
₹24,75,000
15-Dec-24 : Interest
₹24,75,000
15-Mar-25 : Interest
₹24,75,000
15-Jun-25 : Interest
₹24,75,000
15-Sep-25 : Interest
₹24,75,000
15-Dec-25 : Interest
₹13,46,50,000
15-Dec-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,46,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.90%

Returns

High

Bond Rating

A+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE046W07198 issued by Muthoot Microfin Limited

The instrument name of INE046W07198 ISIN is MUTHOOT MICROFIN LIMITED 9.9 NCD 15DC25 FVRS10LAC.
The interest earned from INE046W07198 bond issued by Muthoot Microfin Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE046W07198 bond issued by Muthoot Microfin Limited has been assigned a credit rating of A+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.9%, which determines the periodic interest payments made to bondholders.
The INE046W07198 Debenture is issued by Muthoot Microfin Limited, a Private Sector company.
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