Instrument Details

ISIN: INE774D07UI4

Face value

₹10,00,000

Coupon rate

3 MONTH T-BILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

15 Feb 2022

Maturity Date

14 Feb 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR AB2022 BR NCD 14FB25 FVRS10LAC
Mahindra & Mahindra Financial Services Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE774D07UI4, with a face value of ₹10,00,000 rs on 15Feb22 to raise 500 crores. The debt instrument is issued with a coupon rate of 3 MONTH T-BILL LINKED 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 3 MONTH T-BILL LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES AB2022. DATE OF MATURITY 14/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 07Dec21. 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
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Date Verified
14 Sep 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3 MONTH T-BILL LINKED

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE774D07UI4 issued by Mahindra & Mahindra Financial Services Ltd

The instrument name of INE774D07UI4 ISIN is MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR AB2022 BR NCD 14FB25 FVRS10LAC.
The interest earned from INE774D07UI4 bond issued by Mahindra & Mahindra Financial Services Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE774D07UI4 bond issued by Mahindra & Mahindra Financial Services Ltd has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE774D07UI4 bond issued by Mahindra & Mahindra Financial Services Ltd is 3 MONTH T-BILL LINKED.
The INE774D07UI4 Debenture is issued by Mahindra & Mahindra Financial Services Ltd, a Private Sector company.