Instrument Details

ISIN: INE034907944

Face value

₹1,000

Coupon rate

8.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

0.3

Instrument Type

Debenture

Returns

High

Date of Issue

30 Sep 2021

Maturity Date

30 Sep 2028

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MANAPPURAM ASSET FINANCE LIMITED SR MTHLY 21 8.25 NCD 30SP28 FVRS1000
Manappuram Asset Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE034907944, with a face value of ₹1,000 rs on 30Sep21 to raise 0.3 crores. The debt instrument is issued with a coupon rate of 8.25% 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 8.25% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES MAAFIN SEPTEMBER 2021 MONTHLY.DATE OF MATURITY 30/09/2028. This instrument is issued in Private Placement (non-EBP) 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
check
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
30-Sep-21 : Your investment
₹687
30-Oct-21 : Interest
₹687
30-Nov-21 : Interest
₹687
30-Dec-21 : Interest
₹687
30-Jan-22 : Interest
₹687
02-Mar-22 : Interest
₹687
02-Apr-22 : Interest
₹687
02-May-22 : Interest
₹687
02-Jun-22 : Interest
₹687
02-Jul-22 : Interest
₹687
02-Aug-22 : Interest
₹687
02-Sep-22 : Interest
₹687
02-Oct-22 : Interest
₹687
02-Nov-22 : Interest
₹687
02-Dec-22 : Interest
₹687
02-Jan-23 : Interest
₹687
02-Feb-23 : Interest
₹687
02-Mar-23 : Interest
₹687
02-Apr-23 : Interest
₹687
02-May-23 : Interest
₹687
02-Jun-23 : Interest
₹687
02-Jul-23 : Interest
₹687
02-Aug-23 : Interest
₹687
02-Sep-23 : Interest
₹687
02-Oct-23 : Interest
₹687
02-Nov-23 : Interest
₹687
02-Dec-23 : Interest
₹687
02-Jan-24 : Interest
₹687
02-Feb-24 : Interest
₹687
02-Mar-24 : Interest
₹687
02-Apr-24 : Interest
₹687
02-May-24 : Interest
₹687
02-Jun-24 : Interest
₹687
02-Jul-24 : Interest
₹687
02-Aug-24 : Interest
₹687
02-Sep-24 : Interest
₹687
02-Oct-24 : Interest
₹687
02-Nov-24 : Interest
₹687
02-Dec-24 : Interest
₹687
02-Jan-25 : Interest
₹687
02-Feb-25 : Interest
₹687
02-Mar-25 : Interest
₹687
02-Apr-25 : Interest
₹687
02-May-25 : Interest
₹687
02-Jun-25 : Interest
₹687
02-Jul-25 : Interest
₹687
02-Aug-25 : Interest
₹687
02-Sep-25 : Interest
₹687
02-Oct-25 : Interest
₹687
02-Nov-25 : Interest
₹687
02-Dec-25 : Interest
₹687
02-Jan-26 : Interest
₹687
02-Feb-26 : Interest
₹687
02-Mar-26 : Interest
₹687
02-Apr-26 : Interest
₹687
02-May-26 : Interest
₹687
02-Jun-26 : Interest
₹687
02-Jul-26 : Interest
₹687
02-Aug-26 : Interest
₹687
02-Sep-26 : Interest
₹687
02-Oct-26 : Interest
₹687
02-Nov-26 : Interest
₹687
02-Dec-26 : Interest
₹687
02-Jan-27 : Interest
₹687
02-Feb-27 : Interest
₹687
02-Mar-27 : Interest
₹687
02-Apr-27 : Interest
₹687
02-May-27 : Interest
₹687
02-Jun-27 : Interest
₹687
02-Jul-27 : Interest
₹687
02-Aug-27 : Interest
₹687
02-Sep-27 : Interest
₹687
02-Oct-27 : Interest
₹687
02-Nov-27 : Interest
₹687
02-Dec-27 : Interest
₹687
02-Jan-28 : Interest
₹687
02-Feb-28 : Interest
₹687
02-Mar-28 : Interest
₹687
02-Apr-28 : Interest
₹687
02-May-28 : Interest
₹687
02-Jun-28 : Interest
₹687
02-Jul-28 : Interest
₹687
02-Aug-28 : Interest
₹687
02-Sep-28 : Interest
₹217
30-Sep-28 : Interest
₹217
30-Sep-28 : Interest
₹1,57,497
30-Sep-28 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹57,497)

Summary

Instrument Attributes

Value

Coupon Rate

8.25%

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 INE034907944 issued by Manappuram Asset Finance Limited

The instrument name of INE034907944 ISIN is MANAPPURAM ASSET FINANCE LIMITED SR MTHLY 21 8.25 NCD 30SP28 FVRS1000.
The interest earned from INE034907944 bond issued by Manappuram Asset Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE034907944 bond issued by Manappuram Asset Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 8.25%, which determines the periodic interest payments made to bondholders.
The INE034907944 Debenture is issued by Manappuram Asset Finance Limited, a Private Sector company.