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: INE774D08MF5

Face value

₹1,000

Coupon rate

0%

Payment

on Redemption

Tax Type

Taxable

Issue Size (Cr)

0.25

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Jun 2016

Maturity Date

06 Jun 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR-VIIINCD 06JU23FVRS1000LOAUPTO24JL16
Mahindra & Mahindra Financial Services Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE774D08MF5, with a face value of ₹1,000 rs on 06Jun16 to raise 0.25 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid on Redemption. 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 Unsecured Debenture is UNSECURED (CATEGORY I & II) REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES IX. LETTER OF ALLOTMENT. DATE OF MATURITY 06/06/2026. 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 09Jun16. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 28Mar16. 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
27 Feb 2024
check
Outlook
Stable
logo
Seniority in Repayment
Subordinate Tier 2
logo
Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Subordinate Tier 2

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
wm-logo

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

4.3

Rating

rating

Rated ★ 4.3+ on

playstoreappstore

Download the App

appstore
playstore
wm-qr

FAQs about INE774D08MF5 issued by Mahindra & Mahindra Financial Services Ltd

The instrument name of INE774D08MF5 ISIN is MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR-VIIINCD 06JU23FVRS1000LOAUPTO24JL16.
The interest earned from INE774D08MF5 bond issued by Mahindra & Mahindra Financial Services Ltd is paid on Redemption, ensuring regular and consistent income for investors.
This INE774D08MF5 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 INE774D08MF5 bond issued by Mahindra & Mahindra Financial Services Ltd is 0%.
The INE774D08MF5 Debenture is issued by Mahindra & Mahindra Financial Services Ltd, a Private Sector company.
qr

Track all your investments in one place

Download Wealth Monitor App

cross
wm logo

Track and monitor all
your investments