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Instrument Details

ISIN: INE414G08348

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

18.7169

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

24 Apr 2017

Maturity Date

24 Apr 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

Principal

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

MUTHOOT FINANCE LIMITED SR-XVII OPT-XI NCD 24AP25 FVRS1000
Muthoot Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE414G08348, with a face value of ₹1,000 rs on 24Apr17 to raise 18.7169 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 Unsecured Debenture is UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NCD XVII OPTION XI. DATE OF MATURITY 24/04/2025. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 26Apr17. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 23Mar17. This issuer is formerly known as MUTHOOT FINANCE 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
AA
High Safety
AA+
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Date Verified
08 Feb 2022
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

AA+

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE414G08348 issued by Muthoot Finance Limited

The instrument name of INE414G08348 ISIN is MUTHOOT FINANCE LIMITED SR-XVII OPT-XI NCD 24AP25 FVRS1000.
Never, as INE414G08348 bond issued by Muthoot Finance Limited is a Zero-coupon bond.
This INE414G08348 bond issued by Muthoot Finance Limited has been assigned a credit rating of AA+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE414G08348 bond issued by Muthoot Finance Limited is 0%.
The INE414G08348 Debenture is issued by Muthoot Finance Limited, a Private Sector company.
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