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Instrument Details

ISIN: INE414G08298

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

35.9467

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

14 Oct 2015

Maturity Date

14 Oct 2022

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

MUTHOOT FINANCE LIMITED SR-XIII OPT-XI NCD 14OT22 FVRS1000
Muthoot Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE414G08298, with a face value of ₹1,000 rs on 14Oct15 to raise 35.9467 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 Unsecured Debenture is UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NCD XIII OPTION XI. DATE OF MATURITY 14/10/2022. 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 19Oct15. ICRA LIMITED has given AA+ rating to this Debenture on 11Nov22. 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
12 Nov 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

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
Kochi
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 INE414G08298 issued by Muthoot Finance Limited

The instrument name of INE414G08298 ISIN is MUTHOOT FINANCE LIMITED SR-XIII OPT-XI NCD 14OT22 FVRS1000.
Never, as INE414G08298 bond issued by Muthoot Finance Limited is a Zero-coupon bond.
This INE414G08298 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.
The coupon rate of INE414G08298 bond issued by Muthoot Finance Limited is 0%.
The INE414G08298 Debenture is issued by Muthoot Finance Limited, a Private Sector company.
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