Instrument Details

ISIN: INE414G07GO7

Face value

₹1,000

Coupon rate

7.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

13.0673

Instrument Type

Debenture

Returns

Medium

Date of Issue

23 Jun 2022

Maturity Date

23 Jun 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA+ (ICRA 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 XXVII OP IV 7.25 NCD 23JU27 FVRS1000
Muthoot Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE414G07GO7, with a face value of ₹1,000 rs on 23Jun22 to raise 13.0673 crores. The debt instrument is issued with a coupon rate of 7.25% 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 7.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES XXVII OPTION IV. DATE OF MATURITY 23/06/2027.. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given AA+ rating to this Debenture on 29Jan24. 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
30 Jan 2024
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Outlook
Stable
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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
23-Jun-22 : Your investment
₹7,250
23-Jun-23 : Interest
₹7,250
23-Jun-24 : Interest
₹7,250
23-Jun-25 : Interest
₹7,250
23-Jun-26 : Interest
₹7,250
23-Jun-27 : Interest
₹1,36,250
23-Jun-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹36,250)

Summary

Instrument Attributes

Value

Coupon Rate

7.25%

Returns

Medium

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 INE414G07GO7 issued by Muthoot Finance Limited

The instrument name of INE414G07GO7 ISIN is MUTHOOT FINANCE LIMITED SR XXVII OP IV 7.25 NCD 23JU27 FVRS1000.
The interest earned from INE414G07GO7 bond issued by Muthoot Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE414G07GO7 bond issued by Muthoot Finance Limited has been assigned a credit rating of AA+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.25%, which determines the periodic interest payments made to bondholders.
The INE414G07GO7 Debenture is issued by Muthoot Finance Limited, a Private Sector company.