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: INE950O07214

Face value

₹10,00,000

Coupon rate

8.20%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

22 Jan 2018

Maturity Date

20 Jan 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (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

MAHINDRA RURAL HOUSING FINANCE LIMITED SR-HH2017 8.2NCD20JN23FVRS10LACLOAUPTO31JN18
Mahindra Rural Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE950O07214, with a face value of ₹10,00,000 rs on 22Jan18 to raise 25 crores. The debt instrument is issued with a coupon rate of 8.20% and its interest is paid Annually. 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 8.20% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES MRHFL-HH2017. LETTER OF ALLOTMENT. DATE OF MATURITY 20/01/2023. 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 30Jan18. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 02Jan18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
check
Date Verified
09 Jan 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
22-Jan-18 : Your investment
₹82,00,000
22-Jan-19 : Interest
₹82,00,000
22-Jan-20 : Interest
₹82,00,000
22-Jan-21 : Interest
₹82,00,000
22-Jan-22 : Interest
₹81,77,534
20-Jan-23 : Interest
₹14,09,77,534
20-Jan-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,09,77,534)

Summary

Instrument Attributes

Value

Coupon Rate

8.20%

Returns

High

Bond Rating

AAA

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 INE950O07214 issued by Mahindra Rural Housing Finance Limited

The instrument name of INE950O07214 ISIN is MAHINDRA RURAL HOUSING FINANCE LIMITED SR-HH2017 8.2NCD20JN23FVRS10LACLOAUPTO31JN18.
The interest earned from INE950O07214 bond issued by Mahindra Rural Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE950O07214 bond issued by Mahindra Rural Housing Finance Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.2%, which determines the periodic interest payments made to bondholders.
The INE950O07214 Debenture is issued by Mahindra Rural Housing Finance 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