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: INE549K07741

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

28.0661

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

17 Jul 2020

Maturity Date

17 Jul 2025

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

MUTHOOT FINCORP LIMITED SERIES IX NCD 17JL25 FVRS1000
Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K07741, with a face value of ₹1,000 rs on 17Jul20 to raise 28.0661 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 Secured Debenture is SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IX.DATE OF MATURITY 17/07/2025.. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 21Jul20. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 10Jun20. This issuer is formerly known as MUTHOOT DEBT MANAGEMENT SERVICES 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-
check
Date Verified
19 Oct 2022
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

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
Trivandrum
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE549K07741 issued by Muthoot Fincorp Limited

The instrument name of INE549K07741 ISIN is MUTHOOT FINCORP LIMITED SERIES IX NCD 17JL25 FVRS1000.
Never, as INE549K07741 bond issued by Muthoot Fincorp Limited is a Zero-coupon bond.
This INE549K07741 bond issued by Muthoot Fincorp 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 INE549K07741 bond issued by Muthoot Fincorp Limited is 0%.
The INE549K07741 Debenture is issued by Muthoot Fincorp Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow