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Instrument Details

ISIN: INE652X07035

Face value

₹1,000

Coupon rate

9.75%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

45.7973

Instrument Type

Debenture

Returns

High

Date of Issue

13 May 2019

Maturity Date

13 May 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

MUTHOOT HOMEFIN (INDIA) LIMITED OPTION III 9.75 NCD 13MY24 FVRS1000
Muthoot Homefin (india) Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE652X07035, with a face value of ₹1,000 rs on 13May19 to raise 45.7973 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 RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTUES OPTION III. MATURITY DATE : 13/05/2024. 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 15May19. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 20Mar19. 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
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
13-May-19 : Your investment
₹812
13-Jun-19 : Interest
₹812
13-Jul-19 : Interest
₹812
13-Aug-19 : Interest
₹812
13-Sep-19 : Interest
₹812
13-Oct-19 : Interest
₹812
13-Nov-19 : Interest
₹812
13-Dec-19 : Interest
₹812
13-Jan-20 : Interest
₹812
13-Feb-20 : Interest
₹812
13-Mar-20 : Interest
₹812
13-Apr-20 : Interest
₹812
13-May-20 : Interest
₹812
13-Jun-20 : Interest
₹812
13-Jul-20 : Interest
₹812
13-Aug-20 : Interest
₹812
13-Sep-20 : Interest
₹812
13-Oct-20 : Interest
₹812
13-Nov-20 : Interest
₹812
13-Dec-20 : Interest
₹812
13-Jan-21 : Interest
₹812
13-Feb-21 : Interest
₹812
13-Mar-21 : Interest
₹812
13-Apr-21 : Interest
₹812
13-May-21 : Interest
₹812
13-Jun-21 : Interest
₹812
13-Jul-21 : Interest
₹812
13-Aug-21 : Interest
₹812
13-Sep-21 : Interest
₹812
13-Oct-21 : Interest
₹812
13-Nov-21 : Interest
₹812
13-Dec-21 : Interest
₹812
13-Jan-22 : Interest
₹812
13-Feb-22 : Interest
₹812
13-Mar-22 : Interest
₹812
13-Apr-22 : Interest
₹812
13-May-22 : Interest
₹812
13-Jun-22 : Interest
₹812
13-Jul-22 : Interest
₹812
13-Aug-22 : Interest
₹812
13-Sep-22 : Interest
₹812
13-Oct-22 : Interest
₹812
13-Nov-22 : Interest
₹812
13-Dec-22 : Interest
₹812
13-Jan-23 : Interest
₹812
13-Feb-23 : Interest
₹812
13-Mar-23 : Interest
₹812
13-Apr-23 : Interest
₹812
13-May-23 : Interest
₹812
13-Jun-23 : Interest
₹812
13-Jul-23 : Interest
₹812
13-Aug-23 : Interest
₹812
13-Sep-23 : Interest
₹812
13-Oct-23 : Interest
₹812
13-Nov-23 : Interest
₹812
13-Dec-23 : Interest
₹812
13-Jan-24 : Interest
₹812
13-Feb-24 : Interest
₹812
13-Mar-24 : Interest
₹812
13-Apr-24 : Interest
₹812
13-May-24 : Interest
-₹13
13-May-24 : Interest
₹1,48,736
13-May-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹48,736)

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
Housing Finance Company
Head Office
HEAD OFFICE
Kochi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE652X07035 issued by Muthoot Homefin (india) Limited

The instrument name of INE652X07035 ISIN is MUTHOOT HOMEFIN (INDIA) LIMITED OPTION III 9.75 NCD 13MY24 FVRS1000.
The interest earned from INE652X07035 bond issued by Muthoot Homefin (india) Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE652X07035 bond issued by Muthoot Homefin (india) 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 INE652X07035 Debenture is issued by Muthoot Homefin (india) Limited, a Private Sector company.
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