Instrument Details

ISIN: INE034907613

Face value

₹1,000

Coupon rate

12%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

2

Instrument Type

Debenture

Returns

High

Date of Issue

01 Jun 2020

Maturity Date

06 Jan 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MANAPPURAM ASSET FINANCE LIMITED SR 1 2020 MTH 12 NCD 01JU27 FVRS1000
Manappuram Asset Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE034907613, with a face value of ₹1,000 rs on 01Jun20 to raise 2 crores. The debt instrument is issued with a coupon rate of 12% 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 12.00% SECURED, NOT GUARANTEED, SENIOR, TAXABLE, NON CUMULATIVE, UNRATED, REDEEMABLE, NON CONVERTIBLE DEBENTURES SERIES - JUNE 1 2020 MONTHLY. DATE OF MATURITY 01/06/2027.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as LFC HIRE PURCHASE COMPANY LTD, LFC HIRE PURCHASE COMPANY PRIVATE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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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
01-Jun-20 : Your investment
₹1,000
01-Jul-20 : Interest
₹1,000
01-Aug-20 : Interest
₹1,000
01-Sep-20 : Interest
₹1,000
01-Oct-20 : Interest
₹1,000
01-Nov-20 : Interest
₹1,000
01-Dec-20 : Interest
₹1,000
01-Jan-21 : Interest
₹1,000
01-Feb-21 : Interest
₹1,000
01-Mar-21 : Interest
₹1,000
01-Apr-21 : Interest
₹1,000
01-May-21 : Interest
₹1,000
01-Jun-21 : Interest
₹1,000
01-Jul-21 : Interest
₹1,000
01-Aug-21 : Interest
₹1,000
01-Sep-21 : Interest
₹1,000
01-Oct-21 : Interest
₹1,000
01-Nov-21 : Interest
₹1,000
01-Dec-21 : Interest
₹1,000
01-Jan-22 : Interest
₹1,000
01-Feb-22 : Interest
₹1,000
01-Mar-22 : Interest
₹1,000
01-Apr-22 : Interest
₹1,000
01-May-22 : Interest
₹1,000
01-Jun-22 : Interest
₹1,000
01-Jul-22 : Interest
₹1,000
01-Aug-22 : Interest
₹1,000
01-Sep-22 : Interest
₹1,000
01-Oct-22 : Interest
₹1,000
01-Nov-22 : Interest
₹1,000
01-Dec-22 : Interest
₹1,000
01-Jan-23 : Interest
₹1,000
01-Feb-23 : Interest
₹1,000
01-Mar-23 : Interest
₹1,000
01-Apr-23 : Interest
₹1,000
01-May-23 : Interest
₹1,000
01-Jun-23 : Interest
₹1,000
01-Jul-23 : Interest
₹1,000
01-Aug-23 : Interest
₹1,000
01-Sep-23 : Interest
₹1,000
01-Oct-23 : Interest
₹1,000
01-Nov-23 : Interest
₹1,000
01-Dec-23 : Interest
₹1,000
01-Jan-24 : Interest
₹1,000
01-Feb-24 : Interest
₹1,000
01-Mar-24 : Interest
₹1,000
01-Apr-24 : Interest
₹1,000
01-May-24 : Interest
₹1,000
01-Jun-24 : Interest
₹1,000
01-Jul-24 : Interest
₹1,000
01-Aug-24 : Interest
₹1,000
01-Sep-24 : Interest
₹1,000
01-Oct-24 : Interest
₹1,000
01-Nov-24 : Interest
₹1,000
01-Dec-24 : Interest
₹1,000
01-Jan-25 : Interest
₹1,000
01-Feb-25 : Interest
₹1,000
01-Mar-25 : Interest
₹1,000
01-Apr-25 : Interest
₹1,000
01-May-25 : Interest
₹1,000
01-Jun-25 : Interest
₹1,000
01-Jul-25 : Interest
₹1,000
01-Aug-25 : Interest
₹1,000
01-Sep-25 : Interest
₹1,000
01-Oct-25 : Interest
₹1,000
01-Nov-25 : Interest
₹1,000
01-Dec-25 : Interest
₹1,000
01-Jan-26 : Interest
₹1,000
01-Feb-26 : Interest
₹1,000
01-Mar-26 : Interest
₹1,000
01-Apr-26 : Interest
₹1,000
01-May-26 : Interest
₹1,000
01-Jun-26 : Interest
₹1,000
01-Jul-26 : Interest
₹1,000
01-Aug-26 : Interest
₹1,000
01-Sep-26 : Interest
₹1,000
01-Oct-26 : Interest
₹1,000
01-Nov-26 : Interest
₹1,000
01-Dec-26 : Interest
₹1,000
01-Jan-27 : Interest
₹416
06-Jan-27 : Interest
₹1,79,416
06-Jan-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹79,416)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE034907613 issued by Manappuram Asset Finance Limited

The instrument name of INE034907613 ISIN is MANAPPURAM ASSET FINANCE LIMITED SR 1 2020 MTH 12 NCD 01JU27 FVRS1000.
The interest earned from INE034907613 bond issued by Manappuram Asset Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE034907613 bond issued by Manappuram Asset Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE034907613 Debenture is issued by Manappuram Asset Finance Limited, a Private Sector company.