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Instrument Details

ISIN: INE658R07422

Face value

₹10,00,000

Coupon rate

NIFTY 50 INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

54.25

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

31 Jul 2020

Maturity Date

06 Jan 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

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MOTILAL OSWAL HOME FINANCE LIMITED SR M-9 BR NCD 01JU23 FVRS10LAC
Motilal Oswal Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE658R07422, with a face value of ₹10,00,000 rs on 31Jul20 to raise 54.25 crores. The debt instrument is issued with a coupon rate of NIFTY 50 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 NIFTY 50 INDEX LINKED SECURED RATED LISTED PRINCIPAL PROTECTED-MARKET LINKED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES M-9 / F.Y.21/ F.Y.24. DATE OF MATURITY 01/06/2023. 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 19Aug20. CRISIL RATINGS LIMITED has given PP-MLD AA rating to this Debenture on 29Jul20. This issuer is formerly known as ASPIRE HOME FINANCE CORPORATION 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
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

NIFTY 50 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
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE658R07422 issued by Motilal Oswal Home Finance Limited

The instrument name of INE658R07422 ISIN is MOTILAL OSWAL HOME FINANCE LIMITED SR M-9 BR NCD 01JU23 FVRS10LAC.
The interest earned from the INE658R07422 bond issued by Motilal Oswal Home Finance Limited is paid at the time of maturity
This INE658R07422 bond issued by Motilal Oswal Home 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 INE658R07422 bond issued by Motilal Oswal Home Finance Limited is NIFTY 50 INDEX LINKED.
The INE658R07422 Debenture is issued by Motilal Oswal Home Finance Limited, a Private Sector company.
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