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Instrument Details

ISIN: INE522D07BU2

Face value

₹10,00,000

Coupon rate

10 YR GSEC INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

07 Sep 2020

Maturity Date

03 Jul 2023

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD 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 SR 03/2020-21 BR NCD 07MR23 FVRS10LAC
Manappuram Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE522D07BU2, with a face value of ₹10,00,000 rs on 07Sep20 to raise 100 crores. The debt instrument is issued with a coupon rate of 10 YR GSEC INDEX LINKED and its interest is paid on Maturity. 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 10 YEAR G-SEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES MAFIL PVT PPMLD -03/2020-21. DATE OF MATURITY 07/03/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16Sep20. CRISIL RATINGS LIMITED has given PP-MLD AA rating to this Debenture on 14Aug20. 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
PP-MLD AA
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Date Verified
08 Feb 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10 YR GSEC INDEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD 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 INE522D07BU2 issued by Manappuram Finance Limited

The instrument name of INE522D07BU2 ISIN is MANAPPURAM FINANCE LIMITED SR 03/2020-21 BR NCD 07MR23 FVRS10LAC.
The interest earned from the INE522D07BU2 bond issued by Manappuram Finance Limited is paid at the time of maturity
This INE522D07BU2 bond issued by Manappuram Finance Limited has been assigned a credit rating of PP-MLD AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE522D07BU2 bond issued by Manappuram Finance Limited is 10 YR GSEC INDEX LINKED.
The INE522D07BU2 Debenture is issued by Manappuram Finance Limited, a Private Sector company.
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