Instrument Details

ISIN: INE360T07058

Face value

₹1,000

Coupon rate

10.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

High

Date of Issue

04 Nov 2019

Maturity Date

11 Feb 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CARE 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

MANAPPURAM HOME FINANCE LIMITED OPTION IV 10.25 LOA 02NV24 FVRS1000
Manappuram Home Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE360T07058, with a face value of ₹1,000 rs on 04Nov19 to raise 200 crores. The debt instrument is issued with a coupon rate of 10.25% 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 10.25% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. OPTION-IV. DATE OF MATURITY 02/11/2024. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Nov19. CARE RATINGS LIMITED has given AA- rating to this Debenture on 04Nov19. This issuer is formerly known as MANAPPURAM HOME FINANCE PRIVATE LIMITED, MILESTONE HOME FINANCE COMPANY PRIVATE LIMITED 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-
check
Date Verified
30 Jan 2024
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
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
04-Nov-19 : Your investment
₹854
04-Dec-19 : Interest
₹854
04-Jan-20 : Interest
₹854
04-Feb-20 : Interest
₹854
04-Mar-20 : Interest
₹854
04-Apr-20 : Interest
₹854
04-May-20 : Interest
₹854
04-Jun-20 : Interest
₹854
04-Jul-20 : Interest
₹854
04-Aug-20 : Interest
₹854
04-Sep-20 : Interest
₹854
04-Oct-20 : Interest
₹854
04-Nov-20 : Interest
₹854
04-Dec-20 : Interest
₹854
04-Jan-21 : Interest
₹854
04-Feb-21 : Interest
₹854
04-Mar-21 : Interest
₹854
04-Apr-21 : Interest
₹854
04-May-21 : Interest
₹854
04-Jun-21 : Interest
₹854
04-Jul-21 : Interest
₹854
04-Aug-21 : Interest
₹854
04-Sep-21 : Interest
₹854
04-Oct-21 : Interest
₹854
04-Nov-21 : Interest
₹854
04-Dec-21 : Interest
₹854
04-Jan-22 : Interest
₹854
04-Feb-22 : Interest
₹854
04-Mar-22 : Interest
₹854
04-Apr-22 : Interest
₹854
04-May-22 : Interest
₹854
04-Jun-22 : Interest
₹854
04-Jul-22 : Interest
₹854
04-Aug-22 : Interest
₹854
04-Sep-22 : Interest
₹854
04-Oct-22 : Interest
₹854
04-Nov-22 : Interest
₹854
04-Dec-22 : Interest
₹854
04-Jan-23 : Interest
₹854
04-Feb-23 : Interest
₹854
04-Mar-23 : Interest
₹854
04-Apr-23 : Interest
₹854
04-May-23 : Interest
₹854
04-Jun-23 : Interest
₹854
04-Jul-23 : Interest
₹854
04-Aug-23 : Interest
₹854
04-Sep-23 : Interest
₹854
04-Oct-23 : Interest
₹854
04-Nov-23 : Interest
₹854
04-Dec-23 : Interest
₹854
04-Jan-24 : Interest
₹854
04-Feb-24 : Interest
₹71
11-Feb-24 : Interest
₹1,43,633
11-Feb-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹43,633)

Summary

Instrument Attributes

Value

Coupon Rate

10.25%

Returns

High

Bond Rating

AA-

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 INE360T07058 issued by Manappuram Home Finance Limited

The instrument name of INE360T07058 ISIN is MANAPPURAM HOME FINANCE LIMITED OPTION IV 10.25 LOA 02NV24 FVRS1000.
The interest earned from INE360T07058 bond issued by Manappuram Home Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE360T07058 bond issued by Manappuram Home Finance Limited has been assigned a credit rating of AA- by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.25%, which determines the periodic interest payments made to bondholders.
The INE360T07058 Debenture is issued by Manappuram Home Finance Limited, a Private Sector company.