Instrument Details

ISIN: INE549K07AS6

Face value

₹1,000

Coupon rate

8.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

52.4803

Instrument Type

Debenture

Returns

High

Date of Issue

29 Oct 2021

Maturity Date

28 Jan 2024

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 I 8.25 NCD 28JN24 FVRS1000
Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K07AS6, with a face value of ₹1,000 rs on 29Oct21 to raise 52.4803 crores. The debt instrument is issued with a coupon rate of 8.25% and its interest is paid Monthly. 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 8.25% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I.DATE OF MATURITY 28/01/2024. 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 03Nov21. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 14Sep21. 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-
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Date Verified
19 Oct 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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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
29-Oct-21 : Your investment
₹687
29-Nov-21 : Interest
₹687
29-Dec-21 : Interest
₹687
29-Jan-22 : Interest
₹687
01-Mar-22 : Interest
₹687
01-Apr-22 : Interest
₹687
01-May-22 : Interest
₹687
01-Jun-22 : Interest
₹687
01-Jul-22 : Interest
₹687
01-Aug-22 : Interest
₹687
01-Sep-22 : Interest
₹687
01-Oct-22 : Interest
₹687
01-Nov-22 : Interest
₹687
01-Dec-22 : Interest
₹687
01-Jan-23 : Interest
₹687
01-Feb-23 : Interest
₹687
01-Mar-23 : Interest
₹687
01-Apr-23 : Interest
₹687
01-May-23 : Interest
₹687
01-Jun-23 : Interest
₹687
01-Jul-23 : Interest
₹687
01-Aug-23 : Interest
₹687
01-Sep-23 : Interest
₹687
01-Oct-23 : Interest
₹687
01-Nov-23 : Interest
₹687
01-Dec-23 : Interest
₹687
01-Jan-24 : Interest
₹309
28-Jan-24 : Interest
₹1,18,184
28-Jan-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹18,184)

Summary

Instrument Attributes

Value

Coupon Rate

8.25%

Returns

High

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 INE549K07AS6 issued by Muthoot Fincorp Limited

The instrument name of INE549K07AS6 ISIN is MUTHOOT FINCORP LIMITED SR I 8.25 NCD 28JN24 FVRS1000.
The interest earned from INE549K07AS6 bond issued by Muthoot Fincorp Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE549K07AS6 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.
This Debenture offers a coupon rate of 8.25%, which determines the periodic interest payments made to bondholders.
The INE549K07AS6 Debenture is issued by Muthoot Fincorp Limited, a Private Sector company.