Instrument Details

ISIN: INE414G07FZ5

Face value

₹10,00,000

Coupon rate

3MTBILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

400

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 Aug 2021

Maturity Date

26 Aug 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MUTHOOT FINANCE LIMITED SR 19A OP I BR NCD 26AG24 FVRS10LAC
Muthoot Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE414G07FZ5, with a face value of ₹10,00,000 rs on 26Aug21 to raise 400 crores. The debt instrument is issued with a coupon rate of 3MTBILL LINKED and its interest is paid Annually. 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 3MTBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 19A OPTION I. DATE OF MATURITY 26/08/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 03Aug21. This issuer is formerly known as MUTHOOT FINANCE 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+
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Date Verified
28 Feb 2022
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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

3MTBILL LINKED

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
Kochi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE414G07FZ5 issued by Muthoot Finance Limited

The instrument name of INE414G07FZ5 ISIN is MUTHOOT FINANCE LIMITED SR 19A OP I BR NCD 26AG24 FVRS10LAC.
The interest earned from INE414G07FZ5 bond issued by Muthoot Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE414G07FZ5 bond issued by Muthoot 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 INE414G07FZ5 bond issued by Muthoot Finance Limited is 3MTBILL LINKED.
The INE414G07FZ5 Debenture is issued by Muthoot Finance Limited, a Private Sector company.