The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE457A08100

Face value

₹1,00,00,000

Coupon rate

8.75%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

290

Instrument Type

Bond

Returns

High

Date of Issue

24 Mar 2022

Maturity Date

31 Dec 9999

Perpetual

Yes

Listing Status

Listed

Rating status

AA (Acuite Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Perpetual

Guarantee Type

Non Convertible

About this Bond

BANK OF MAHARASHTRA SR 1 8.75 LOA PERPETUAL FVRS1CR
Bank Of Maharashtra, a Finance company, has floated Bond, having ISIN value as INE457A08100, with a face value of ₹1,00,00,000 rs on 24Mar22 to raise 290 crores. The debt instrument is issued with a coupon rate of 8.75% and its interest is paid Annually. 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 Bond is 8.75% UNSECURED RATED LISTED PERPETUAL BASEL III COMPLIANT ADDITIONAL TIER-1 BOND IN THE NATURE OF DEBENTURES.SERIES 1. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 29Mar22. Acuite Ratings And Research Limited has given AA rating to this Bond on 28Feb22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA
check
Date Verified
20 Dec 2023
check
Outlook
Stable
logo
Seniority in Repayment
Perpetual
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
24-Mar-22 : Your investment
₹8,75,00,000
24-Mar-23 : Interest
₹8,75,00,000
24-Mar-24 : Interest
₹8,75,00,000
24-Mar-25 : Interest
₹8,75,00,000
24-Mar-26 : Interest
₹8,75,00,000
24-Mar-27 : Interest
₹8,75,00,000
24-Mar-28 : Interest
₹8,75,00,000
24-Mar-29 : Interest
₹8,75,00,000
24-Mar-30 : Interest
₹8,75,00,000
24-Mar-31 : Interest
₹8,75,00,000
24-Mar-32 : Interest
₹8,75,00,000
24-Mar-33 : Interest
₹8,75,00,000
24-Mar-34 : Interest
₹8,75,00,000
24-Mar-35 : Interest
₹8,75,00,000
24-Mar-36 : Interest
₹8,75,00,000
24-Mar-37 : Interest
₹8,75,00,000
24-Mar-38 : Interest
₹8,75,00,000
24-Mar-39 : Interest
₹8,75,00,000
24-Mar-40 : Interest
₹8,75,00,000
24-Mar-41 : Interest
₹8,75,00,000
24-Mar-42 : Interest
₹8,75,00,000
24-Mar-43 : Interest
₹8,75,00,000
24-Mar-44 : Interest
₹8,75,00,000
24-Mar-45 : Interest
₹8,75,00,000
24-Mar-46 : Interest
₹8,75,00,000
24-Mar-47 : Interest
₹8,75,00,000
24-Mar-48 : Interest
₹8,75,00,000
24-Mar-49 : Interest
₹8,75,00,000
24-Mar-50 : Interest
₹8,75,00,000
24-Mar-51 : Interest
₹8,75,00,000
24-Mar-52 : Interest
₹8,75,00,000
24-Mar-53 : Interest
₹8,75,00,000
24-Mar-54 : Interest
₹8,75,00,000
24-Mar-55 : Interest
₹8,75,00,000
24-Mar-56 : Interest
₹8,75,00,000
24-Mar-57 : Interest
₹8,75,00,000
24-Mar-58 : Interest
₹8,75,00,000
24-Mar-59 : Interest
₹8,75,00,000
24-Mar-60 : Interest
₹8,75,00,000
24-Mar-61 : Interest
₹8,75,00,000
24-Mar-62 : Interest
₹8,75,00,000
24-Mar-63 : Interest
₹8,75,00,000
24-Mar-64 : Interest
₹8,75,00,000
24-Mar-65 : Interest
₹8,75,00,000
24-Mar-66 : Interest
₹8,75,00,000
24-Mar-67 : Interest
₹8,75,00,000
24-Mar-68 : Interest
₹8,75,00,000
24-Mar-69 : Interest
₹8,75,00,000
24-Mar-70 : Interest
₹8,75,00,000
24-Mar-71 : Interest
₹8,75,00,000
24-Mar-72 : Interest
₹8,75,00,000
24-Mar-73 : Interest
₹8,75,00,000
24-Mar-74 : Interest
₹8,75,00,000
24-Mar-75 : Interest
₹8,75,00,000
24-Mar-76 : Interest
₹8,75,00,000
24-Mar-77 : Interest
₹8,75,00,000
24-Mar-78 : Interest
₹8,75,00,000
24-Mar-79 : Interest
₹8,75,00,000
24-Mar-80 : Interest
₹8,75,00,000
24-Mar-81 : Interest
₹8,75,00,000
24-Mar-82 : Interest
₹8,75,00,000
24-Mar-83 : Interest
₹8,75,00,000
24-Mar-84 : Interest
₹8,75,00,000
24-Mar-85 : Interest
₹8,75,00,000
24-Mar-86 : Interest
₹8,75,00,000
24-Mar-87 : Interest
₹8,75,00,000
24-Mar-88 : Interest
₹8,75,00,000
24-Mar-89 : Interest
₹8,75,00,000
24-Mar-90 : Interest
₹8,75,00,000
24-Mar-91 : Interest
₹8,75,00,000
24-Mar-92 : Interest
₹8,75,00,000
24-Mar-93 : Interest
₹8,75,00,000
24-Mar-94 : Interest
₹8,75,00,000
24-Mar-95 : Interest
₹8,75,00,000
24-Mar-96 : Interest
₹8,75,00,000
24-Mar-97 : Interest
₹8,75,00,000
24-Mar-98 : Interest
₹8,75,00,000
24-Mar-99 : Interest
₹8,75,00,000
24-Mar-00 : Interest
₹8,75,00,000
24-Mar-01 : Interest
₹8,75,00,000
24-Mar-02 : Interest
₹8,75,00,000
24-Mar-03 : Interest
₹8,75,00,000
24-Mar-04 : Interest
₹8,75,00,000
24-Mar-05 : Interest
₹8,75,00,000
24-Mar-06 : Interest
₹8,75,00,000
24-Mar-07 : Interest
₹8,75,00,000
24-Mar-08 : Interest
₹8,75,00,000
24-Mar-09 : Interest
₹8,75,00,000
24-Mar-10 : Interest
₹8,75,00,000
24-Mar-11 : Interest
₹8,75,00,000
24-Mar-12 : Interest
₹8,75,00,000
24-Mar-13 : Interest
₹8,75,00,000
24-Mar-14 : Interest
₹8,75,00,000
24-Mar-15 : Interest
₹8,75,00,000
24-Mar-16 : Interest
₹8,75,00,000
24-Mar-17 : Interest
₹8,75,00,000
24-Mar-18 : Interest
₹8,75,00,000
24-Mar-19 : Interest
₹8,75,00,000
24-Mar-20 : Interest
₹8,75,00,000
24-Mar-21 : Interest
₹8,75,00,000
24-Mar-22 : Interest
₹8,75,00,000
24-Mar-23 : Interest
₹8,75,00,000
24-Mar-24 : Interest
₹8,75,00,000
24-Mar-25 : Interest
₹8,75,00,000
24-Mar-26 : Interest
₹8,75,00,000
24-Mar-27 : Interest
₹8,75,00,000
24-Mar-28 : Interest
₹8,75,00,000
24-Mar-29 : Interest
₹8,75,00,000
24-Mar-30 : Interest
₹8,75,00,000
24-Mar-31 : Interest
₹8,75,00,000
24-Mar-32 : Interest
₹8,75,00,000
24-Mar-33 : Interest
₹8,75,00,000
24-Mar-34 : Interest
₹8,75,00,000
24-Mar-35 : Interest
₹8,75,00,000
24-Mar-36 : Interest
₹8,75,00,000
24-Mar-37 : Interest
₹8,75,00,000
24-Mar-38 : Interest
₹8,75,00,000
24-Mar-39 : Interest
₹8,75,00,000
24-Mar-40 : Interest
₹8,75,00,000
24-Mar-41 : Interest
₹8,75,00,000
24-Mar-42 : Interest
₹8,75,00,000
24-Mar-43 : Interest
₹8,75,00,000
24-Mar-44 : Interest
₹8,75,00,000
24-Mar-45 : Interest
₹8,75,00,000
24-Mar-46 : Interest
₹8,75,00,000
24-Mar-47 : Interest
₹8,75,00,000
24-Mar-48 : Interest
₹8,75,00,000
24-Mar-49 : Interest
₹8,75,00,000
24-Mar-50 : Interest
₹8,75,00,000
24-Mar-51 : Interest
₹8,75,00,000
24-Mar-52 : Interest
₹8,75,00,000
24-Mar-53 : Interest
₹8,75,00,000
24-Mar-54 : Interest
₹8,75,00,000
24-Mar-55 : Interest
₹8,75,00,000
24-Mar-56 : Interest
₹8,75,00,000
24-Mar-57 : Interest
₹8,75,00,000
24-Mar-58 : Interest
₹8,75,00,000
24-Mar-59 : Interest
₹8,75,00,000
24-Mar-60 : Interest
₹8,75,00,000
24-Mar-61 : Interest
₹8,75,00,000
24-Mar-62 : Interest
₹8,75,00,000
24-Mar-63 : Interest
₹8,75,00,000
24-Mar-64 : Interest
₹8,75,00,000
24-Mar-65 : Interest
₹8,75,00,000
24-Mar-66 : Interest
₹8,75,00,000
24-Mar-67 : Interest
₹8,75,00,000
24-Mar-68 : Interest
₹8,75,00,000
24-Mar-69 : Interest
₹8,75,00,000
24-Mar-70 : Interest
₹8,75,00,000
24-Mar-71 : Interest
₹8,75,00,000
24-Mar-72 : Interest
₹8,75,00,000
24-Mar-73 : Interest
₹8,75,00,000
24-Mar-74 : Interest
₹8,75,00,000
24-Mar-75 : Interest
₹8,75,00,000
24-Mar-76 : Interest
₹8,75,00,000
24-Mar-77 : Interest
₹8,75,00,000
24-Mar-78 : Interest
₹8,75,00,000
24-Mar-79 : Interest
₹8,75,00,000
24-Mar-80 : Interest
₹8,75,00,000
24-Mar-81 : Interest
₹8,75,00,000
24-Mar-82 : Interest
₹8,75,00,000
24-Mar-83 : Interest
₹8,75,00,000
24-Mar-84 : Interest
₹8,75,00,000
24-Mar-85 : Interest
₹8,75,00,000
24-Mar-86 : Interest
₹8,75,00,000
24-Mar-87 : Interest
₹8,75,00,000
24-Mar-88 : Interest
₹8,75,00,000
24-Mar-89 : Interest
₹8,75,00,000
24-Mar-90 : Interest
₹8,75,00,000
24-Mar-91 : Interest
₹8,75,00,000
24-Mar-92 : Interest
₹8,75,00,000
24-Mar-93 : Interest
₹8,75,00,000
24-Mar-94 : Interest
₹8,75,00,000
24-Mar-95 : Interest
₹8,75,00,000
24-Mar-96 : Interest
₹8,75,00,000
24-Mar-97 : Interest
₹8,75,00,000
24-Mar-98 : Interest
₹8,75,00,000
24-Mar-99 : Interest
₹8,75,00,000
24-Mar-00 : Interest
₹8,75,00,000
24-Mar-01 : Interest
₹8,75,00,000
24-Mar-02 : Interest
₹8,75,00,000
24-Mar-03 : Interest
₹8,75,00,000
24-Mar-04 : Interest
₹8,75,00,000
24-Mar-05 : Interest
₹8,75,00,000
24-Mar-06 : Interest
₹8,75,00,000
24-Mar-07 : Interest
₹8,75,00,000
24-Mar-08 : Interest
₹8,75,00,000
24-Mar-09 : Interest
₹8,75,00,000
24-Mar-10 : Interest
₹8,75,00,000
24-Mar-11 : Interest
₹8,75,00,000
24-Mar-12 : Interest
₹8,75,00,000
24-Mar-13 : Interest
₹8,75,00,000
24-Mar-14 : Interest
₹8,75,00,000
24-Mar-15 : Interest
₹8,75,00,000
24-Mar-16 : Interest
₹8,75,00,000
24-Mar-17 : Interest
₹8,75,00,000
24-Mar-18 : Interest
₹8,75,00,000
24-Mar-19 : Interest
₹8,75,00,000
24-Mar-20 : Interest
₹8,75,00,000
24-Mar-21 : Interest
₹8,75,00,000
24-Mar-22 : Interest
₹8,75,00,000
24-Mar-23 : Interest
₹8,75,00,000
24-Mar-24 : Interest
₹8,75,00,000
24-Mar-25 : Interest
₹8,75,00,000
24-Mar-26 : Interest
₹8,75,00,000
24-Mar-27 : Interest
₹8,75,00,000
24-Mar-28 : Interest
₹8,75,00,000
24-Mar-29 : Interest
₹8,75,00,000
24-Mar-30 : Interest
₹8,75,00,000
24-Mar-31 : Interest
₹8,75,00,000
24-Mar-32 : Interest
₹8,75,00,000
24-Mar-33 : Interest
₹8,75,00,000
24-Mar-34 : Interest
₹8,75,00,000
24-Mar-35 : Interest
₹8,75,00,000
24-Mar-36 : Interest
₹8,75,00,000
24-Mar-37 : Interest
₹8,75,00,000
24-Mar-38 : Interest
₹8,75,00,000
24-Mar-39 : Interest
₹8,75,00,000
24-Mar-40 : Interest
₹8,75,00,000
24-Mar-41 : Interest
₹8,75,00,000
24-Mar-42 : Interest
₹8,75,00,000
24-Mar-43 : Interest
₹8,75,00,000
24-Mar-44 : Interest
₹8,75,00,000
24-Mar-45 : Interest
₹8,75,00,000
24-Mar-46 : Interest
₹8,75,00,000
24-Mar-47 : Interest
₹8,75,00,000
24-Mar-48 : Interest
₹8,75,00,000
24-Mar-49 : Interest
₹8,75,00,000
24-Mar-50 : Interest
₹8,75,00,000
24-Mar-51 : Interest
₹8,75,00,000
24-Mar-52 : Interest
₹8,75,00,000
24-Mar-53 : Interest
₹8,75,00,000
24-Mar-54 : Interest
₹8,75,00,000
24-Mar-55 : Interest
₹8,75,00,000
24-Mar-56 : Interest
₹8,75,00,000
24-Mar-57 : Interest
₹8,75,00,000
24-Mar-58 : Interest
₹8,75,00,000
24-Mar-59 : Interest
₹8,75,00,000
24-Mar-60 : Interest
₹8,75,00,000
24-Mar-61 : Interest
₹8,75,00,000
24-Mar-62 : Interest
₹8,75,00,000
24-Mar-63 : Interest
₹8,75,00,000
24-Mar-64 : Interest
₹8,75,00,000
24-Mar-65 : Interest
₹8,75,00,000
24-Mar-66 : Interest
₹8,75,00,000
24-Mar-67 : Interest
₹8,75,00,000
24-Mar-68 : Interest
₹8,75,00,000
24-Mar-69 : Interest
₹8,75,00,000
24-Mar-70 : Interest
₹8,75,00,000
24-Mar-71 : Interest
₹8,75,00,000
24-Mar-72 : Interest
₹8,75,00,000
24-Mar-73 : Interest
₹8,75,00,000
24-Mar-74 : Interest
₹8,75,00,000
24-Mar-75 : Interest
₹8,75,00,000
24-Mar-76 : Interest
₹8,75,00,000
24-Mar-77 : Interest
₹8,75,00,000
24-Mar-78 : Interest
₹8,75,00,000
24-Mar-79 : Interest
₹8,75,00,000
24-Mar-80 : Interest
₹8,75,00,000
24-Mar-81 : Interest
₹8,75,00,000
24-Mar-82 : Interest
₹8,75,00,000
24-Mar-83 : Interest
₹8,75,00,000
24-Mar-84 : Interest
₹8,75,00,000
24-Mar-85 : Interest
₹8,75,00,000
24-Mar-86 : Interest
₹8,75,00,000
24-Mar-87 : Interest
₹8,75,00,000
24-Mar-88 : Interest
₹8,75,00,000
24-Mar-89 : Interest
₹8,75,00,000
24-Mar-90 : Interest
₹8,75,00,000
24-Mar-91 : Interest
₹8,75,00,000
24-Mar-92 : Interest
₹8,75,00,000
24-Mar-93 : Interest
₹8,75,00,000
24-Mar-94 : Interest
₹8,75,00,000
24-Mar-95 : Interest
₹8,75,00,000
24-Mar-96 : Interest
₹8,75,00,000
24-Mar-97 : Interest
₹8,75,00,000
24-Mar-98 : Interest
₹8,75,00,000
24-Mar-99 : Interest
₹8,75,00,000
24-Mar-00 : Interest
₹8,75,00,000
24-Mar-01 : Interest
₹8,75,00,000
24-Mar-02 : Interest
₹8,75,00,000
24-Mar-03 : Interest
₹8,75,00,000
24-Mar-04 : Interest
₹8,75,00,000
24-Mar-05 : Interest
₹8,75,00,000
24-Mar-06 : Interest
₹8,75,00,000
24-Mar-07 : Interest
₹8,75,00,000
24-Mar-08 : Interest
₹8,75,00,000
24-Mar-09 : Interest
₹8,75,00,000
24-Mar-10 : Interest
₹8,75,00,000
24-Mar-11 : Interest
₹8,75,00,000
24-Mar-12 : Interest
₹8,75,00,000
24-Mar-13 : Interest
₹8,75,00,000
24-Mar-14 : Interest
₹26,55,00,00,000
31-Dec-99 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹25,55,00,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.75%

Returns

High

Bond Rating

AA

Seniority in Repayment

Perpetual

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Pune
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE457A08100 issued by Bank Of Maharashtra

The instrument name of INE457A08100 ISIN is BANK OF MAHARASHTRA SR 1 8.75 LOA PERPETUAL FVRS1CR.
The interest earned from INE457A08100 bond issued by Bank Of Maharashtra is paid Annually, ensuring regular and consistent income for investors.
This INE457A08100 bond issued by Bank Of Maharashtra has been assigned a credit rating of AA by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.75%, which determines the periodic interest payments made to bondholders.
The INE457A08100 Bond is issued by Bank Of Maharashtra, a Private Sector company.
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