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Instrument Details

ISIN: INE522D07AV2

Face value

₹1,000

Coupon rate

9.75%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

28.5001

Instrument Type

Debenture

Returns

High

Date of Issue

06 Mar 2019

Maturity Date

03 Jun 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MANAPPURAM FINANCE LIMITED SERIES II 9.75 NCD 06MR24 FVRS1000
Manappuram Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE522D07AV2, with a face value of ₹1,000 rs on 06Mar19 to raise 28.5001 crores. The debt instrument is issued with a coupon rate of 9.75% and its interest is paid Monthly. 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 9.75% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES II. MATURITY DATE 06/03/2024. 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 08Mar19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 27Mar23. This issuer is formerly known as MANAPPURAM GENERAL FINANCE AND LEASING LTD. 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
13 Apr 2023
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Outlook
Stable
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Seniority in Repayment
None
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
06-Mar-19 : Your investment
₹812
06-Apr-19 : Interest
₹812
06-May-19 : Interest
₹812
06-Jun-19 : Interest
₹812
06-Jul-19 : Interest
₹812
06-Aug-19 : Interest
₹812
06-Sep-19 : Interest
₹812
06-Oct-19 : Interest
₹812
06-Nov-19 : Interest
₹812
06-Dec-19 : Interest
₹812
06-Jan-20 : Interest
₹812
06-Feb-20 : Interest
₹812
06-Mar-20 : Interest
₹812
06-Apr-20 : Interest
₹812
06-May-20 : Interest
₹812
06-Jun-20 : Interest
₹812
06-Jul-20 : Interest
₹812
06-Aug-20 : Interest
₹812
06-Sep-20 : Interest
₹812
06-Oct-20 : Interest
₹812
06-Nov-20 : Interest
₹812
06-Dec-20 : Interest
₹812
06-Jan-21 : Interest
₹812
06-Feb-21 : Interest
₹812
06-Mar-21 : Interest
₹812
06-Apr-21 : Interest
₹812
06-May-21 : Interest
₹812
06-Jun-21 : Interest
₹812
06-Jul-21 : Interest
₹812
06-Aug-21 : Interest
₹812
06-Sep-21 : Interest
₹812
06-Oct-21 : Interest
₹812
06-Nov-21 : Interest
₹812
06-Dec-21 : Interest
₹812
06-Jan-22 : Interest
₹812
06-Feb-22 : Interest
₹812
06-Mar-22 : Interest
₹812
06-Apr-22 : Interest
₹812
06-May-22 : Interest
₹812
06-Jun-22 : Interest
₹812
06-Jul-22 : Interest
₹812
06-Aug-22 : Interest
₹812
06-Sep-22 : Interest
₹812
06-Oct-22 : Interest
₹812
06-Nov-22 : Interest
₹812
06-Dec-22 : Interest
₹812
06-Jan-23 : Interest
₹812
06-Feb-23 : Interest
₹812
06-Mar-23 : Interest
₹812
06-Apr-23 : Interest
₹812
06-May-23 : Interest
₹812
06-Jun-23 : Interest
₹812
06-Jul-23 : Interest
₹812
06-Aug-23 : Interest
₹812
06-Sep-23 : Interest
₹812
06-Oct-23 : Interest
₹812
06-Nov-23 : Interest
₹812
06-Dec-23 : Interest
₹812
06-Jan-24 : Interest
₹812
06-Feb-24 : Interest
₹812
06-Mar-24 : Interest
₹812
06-Apr-24 : Interest
₹812
06-May-24 : Interest
-₹40
03-Jun-24 : Interest
-₹40
03-Jun-24 : Interest
₹1,50,293
03-Jun-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹50,293)

Summary

Instrument Attributes

Value

Coupon Rate

9.75%

Returns

High

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE522D07AV2 issued by Manappuram Finance Limited

The instrument name of INE522D07AV2 ISIN is MANAPPURAM FINANCE LIMITED SERIES II 9.75 NCD 06MR24 FVRS1000.
The interest earned from INE522D07AV2 bond issued by Manappuram Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE522D07AV2 bond issued by Manappuram 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.
This Debenture offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
The INE522D07AV2 Debenture is issued by Manappuram Finance Limited, a Private Sector company.
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