Instrument Details

ISIN: INE549K07AC0

Face value

₹1,000

Coupon rate

0%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

51.9464

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

15 Mar 2021

Maturity Date

13 Jun 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CRISIL 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

MUTHOOT FINCORP LIMITED SR VI NCD 13JU23 FVRS1000
Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K07AC0, with a face value of ₹1,000 rs on 15Mar21 to raise 51.9464 crores. The debt instrument is issued with a coupon rate of 0% 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 SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VI.DATE OF MATURITY 13/06/2023. 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 18Mar21. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 03Feb21. This issuer is formerly known as MUTHOOT DEBT MANAGEMENT SERVICES 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
19 Oct 2022
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
Security
Secured

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

FAQs about INE549K07AC0 issued by Muthoot Fincorp Limited

The instrument name of INE549K07AC0 ISIN is MUTHOOT FINCORP LIMITED SR VI NCD 13JU23 FVRS1000.
The interest earned from the INE549K07AC0 bond issued by Muthoot Fincorp Limited is paid at the time of maturity
This INE549K07AC0 bond issued by Muthoot Fincorp 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 INE549K07AC0 bond issued by Muthoot Fincorp Limited is 0%.
The INE549K07AC0 Debenture is issued by Muthoot Fincorp Limited, a Private Sector company.