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Instrument Details

ISIN: INE338I07073

Face value

₹10,00,000

Coupon rate

NIFTY50 INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

22 Sep 2021

Maturity Date

14 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA (ICRA 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

MOTILAL OSWAL FINANCIAL SERVICES LIMITED SR M1 BR NCD 14MR24 FVRS10LAC
Motilal Oswal Financial Services Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE338I07073, with a face value of ₹10,00,000 rs on 22Sep21 to raise 100 crores. The debt instrument is issued with a coupon rate of NIFTY50 INDEX LINKED and its interest is paid on Maturity. 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 NIFTY50 INDEX LINKED SECURED LISTED RATED MARKET LINKED PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURES. SERIES M-1/F.Y.22/F.Y.24. DATE OF MATURITY 14/03/2024. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 28Sep21. ICRA LIMITED has given PP-MLD AA rating to this Debenture on 22Jul24. 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
PP-MLD AA
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Date Verified
23 Jul 2024
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Outlook
Positive
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

NIFTY50 INDEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Other Financial Services
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE338I07073 issued by Motilal Oswal Financial Services Limited

The instrument name of INE338I07073 ISIN is MOTILAL OSWAL FINANCIAL SERVICES LIMITED SR M1 BR NCD 14MR24 FVRS10LAC.
The interest earned from the INE338I07073 bond issued by Motilal Oswal Financial Services Limited is paid at the time of maturity
This INE338I07073 bond issued by Motilal Oswal Financial Services Limited has been assigned a credit rating of PP-MLD AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE338I07073 bond issued by Motilal Oswal Financial Services Limited is NIFTY50 INDEX LINKED.
The INE338I07073 Debenture is issued by Motilal Oswal Financial Services Limited, a Private Sector company.
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