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Instrument Details

ISIN: INE549K07AF3

Face value

₹10,00,000

Coupon rate

G SEC LINK

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

225

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

16 Mar 2021

Maturity Date

16 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA+ (CE) (CRISIL Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MUTHOOT FINCORP LIMITED SR VII BR NCD 16MR24 FVRS10LAC
Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K07AF3, with a face value of ₹10,00,000 rs on 16Mar21 to raise 225 crores. The debt instrument is issued with a coupon rate of G SEC LINK 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 GSEC LINKED SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VII.DATE OF MATURITY 16/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 22Mar21. CRISIL RATINGS LIMITED has given PP-MLD AA+ (CE) rating to this Debenture on 15Mar21. 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
PP-MLD AA+ (CE)
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Date Verified
13 Feb 2023
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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

G SEC LINK

Returns

Linked to Markets

Bond Rating

PP-MLD AA+ (CE)

Seniority in Repayment

None

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
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Rated ★ 4.3+ on

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FAQs about INE549K07AF3 issued by Muthoot Fincorp Limited

The instrument name of INE549K07AF3 ISIN is MUTHOOT FINCORP LIMITED SR VII BR NCD 16MR24 FVRS10LAC.
The interest earned from the INE549K07AF3 bond issued by Muthoot Fincorp Limited is paid at the time of maturity
This INE549K07AF3 bond issued by Muthoot Fincorp Limited has been assigned a credit rating of PP-MLD AA+ (CE) by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE549K07AF3 bond issued by Muthoot Fincorp Limited is G SEC LINK.
The INE549K07AF3 Debenture is issued by Muthoot Fincorp Limited, a Private Sector company.
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