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Instrument Details

ISIN: INE549K08335

Face value

₹1,00,000

Coupon rate

10.26%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

High

Date of Issue

17 Mar 2022

Maturity Date

30 Dec 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

MUTHOOT FINCORP LIMITED 10.26 NCD 30DC27 FVRS1LAC
Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K08335, with a face value of ₹1,00,000 rs on 17Mar22 to raise 50 crores. The debt instrument is issued with a coupon rate of 10.26% 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 Unsecured Debenture is 10.26% UNSECCURED UNLISTED RATED SUBORDINATED NONCONVERTIBLE DEBENTURE.DATE OF MATURITY 30/12/2027. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 15Mar22. 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
Subordinate Tier 2
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
17-Mar-22 : Your investment
₹85,500
17-Apr-22 : Interest
₹85,500
17-May-22 : Interest
₹85,500
17-Jun-22 : Interest
₹85,500
17-Jul-22 : Interest
₹85,500
17-Aug-22 : Interest
₹85,500
17-Sep-22 : Interest
₹85,500
17-Oct-22 : Interest
₹85,500
17-Nov-22 : Interest
₹85,500
17-Dec-22 : Interest
₹85,500
17-Jan-23 : Interest
₹85,500
17-Feb-23 : Interest
₹85,500
17-Mar-23 : Interest
₹85,500
17-Apr-23 : Interest
₹85,500
17-May-23 : Interest
₹85,500
17-Jun-23 : Interest
₹85,500
17-Jul-23 : Interest
₹85,500
17-Aug-23 : Interest
₹85,500
17-Sep-23 : Interest
₹85,500
17-Oct-23 : Interest
₹85,500
17-Nov-23 : Interest
₹85,500
17-Dec-23 : Interest
₹85,500
17-Jan-24 : Interest
₹85,500
17-Feb-24 : Interest
₹85,500
17-Mar-24 : Interest
₹85,500
17-Apr-24 : Interest
₹85,500
17-May-24 : Interest
₹85,500
17-Jun-24 : Interest
₹85,500
17-Jul-24 : Interest
₹85,500
17-Aug-24 : Interest
₹85,500
17-Sep-24 : Interest
₹85,500
17-Oct-24 : Interest
₹85,500
17-Nov-24 : Interest
₹85,500
17-Dec-24 : Interest
₹85,500
17-Jan-25 : Interest
₹85,500
17-Feb-25 : Interest
₹85,500
17-Mar-25 : Interest
₹85,500
17-Apr-25 : Interest
₹85,500
17-May-25 : Interest
₹85,500
17-Jun-25 : Interest
₹85,500
17-Jul-25 : Interest
₹85,500
17-Aug-25 : Interest
₹85,500
17-Sep-25 : Interest
₹85,500
17-Oct-25 : Interest
₹85,500
17-Nov-25 : Interest
₹85,500
17-Dec-25 : Interest
₹85,500
17-Jan-26 : Interest
₹85,500
17-Feb-26 : Interest
₹85,500
17-Mar-26 : Interest
₹85,500
17-Apr-26 : Interest
₹85,500
17-May-26 : Interest
₹85,500
17-Jun-26 : Interest
₹85,500
17-Jul-26 : Interest
₹85,500
17-Aug-26 : Interest
₹85,500
17-Sep-26 : Interest
₹85,500
17-Oct-26 : Interest
₹85,500
17-Nov-26 : Interest
₹85,500
17-Dec-26 : Interest
₹85,500
17-Jan-27 : Interest
₹85,500
17-Feb-27 : Interest
₹85,500
17-Mar-27 : Interest
₹85,500
17-Apr-27 : Interest
₹85,500
17-May-27 : Interest
₹85,500
17-Jun-27 : Interest
₹85,500
17-Jul-27 : Interest
₹85,500
17-Aug-27 : Interest
₹85,500
17-Sep-27 : Interest
₹85,500
17-Oct-27 : Interest
₹85,500
17-Nov-27 : Interest
₹85,500
17-Dec-27 : Interest
₹47,025
30-Dec-27 : Interest
₹1,59,46,525
30-Dec-27 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹59,46,525)

Summary

Instrument Attributes

Value

Coupon Rate

10.26%

Returns

High

Bond Rating

AA-

Seniority in Repayment

Subordinate Tier 2

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 INE549K08335 issued by Muthoot Fincorp Limited

The instrument name of INE549K08335 ISIN is MUTHOOT FINCORP LIMITED 10.26 NCD 30DC27 FVRS1LAC.
The interest earned from INE549K08335 bond issued by Muthoot Fincorp Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE549K08335 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 10.26%, which determines the periodic interest payments made to bondholders.
The INE549K08335 Debenture is issued by Muthoot Fincorp Limited, a Private Sector company.
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