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Instrument Details

ISIN: INE522D07AZ3

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

8.9932

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Mar 2019

Maturity Date

03 Jun 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (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

MANAPPURAM FINANCE LIMITED SERIES VI NCD 06MR24 FVRS1000
Manappuram Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE522D07AZ3, with a face value of ₹1,000 rs on 06Mar19 to raise 8.9932 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VI. MATURITY DATE 06/03/2024. 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 08Mar19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 27Mar23. This issuer is formerly known as MANAPPURAM GENERAL FINANCE AND LEASING 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
AA
High Safety
AA
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Date Verified
13 Apr 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

AA

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
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Rating

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Rated ★ 4.3+ on

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FAQs about INE522D07AZ3 issued by Manappuram Finance Limited

The instrument name of INE522D07AZ3 ISIN is MANAPPURAM FINANCE LIMITED SERIES VI NCD 06MR24 FVRS1000.
Never, as INE522D07AZ3 bond issued by Manappuram Finance Limited is a Zero-coupon bond.
This INE522D07AZ3 bond issued by Manappuram Finance Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE522D07AZ3 bond issued by Manappuram Finance Limited is 0%.
The INE522D07AZ3 Debenture is issued by Manappuram Finance Limited, a Private Sector company.
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