The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE00XE07101

Face value

₹1,000

Coupon rate

9.50%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

25.6104

Instrument Type

Debenture

Returns

High

Date of Issue

17 Mar 2020

Maturity Date

17 May 2023

Perpetual

Yes

Listing Status

Listed

Rating status

A (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MUTHOOT VEHICLE & ASSET FINANCE LIMITED OPTION II 9.50 NCD 17MY23 FVRS1000
Muthoot Vehicle & Asset Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00XE07101, with a face value of ₹1,000 rs on 17Mar20 to raise 25.6104 crores. The debt instrument is issued with a coupon rate of 9.50% 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 9.50% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. OPTION II. DATE OF MATURITY 17/05/2023. 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 19Mar20. CRISIL RATINGS LIMITED has given A rating to this Debenture on 17Jan20. This issuer is formerly known as MUTHOOT LEASING AND FINANCE 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
A
Adequate Safety
A
check
Date Verified
28 Feb 2022
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
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
17-Mar-20 : Your investment
₹791
17-Apr-20 : Interest
₹791
17-May-20 : Interest
₹791
17-Jun-20 : Interest
₹791
17-Jul-20 : Interest
₹791
17-Aug-20 : Interest
₹791
17-Sep-20 : Interest
₹791
17-Oct-20 : Interest
₹791
17-Nov-20 : Interest
₹791
17-Dec-20 : Interest
₹791
17-Jan-21 : Interest
₹791
17-Feb-21 : Interest
₹791
17-Mar-21 : Interest
₹791
17-Apr-21 : Interest
₹791
17-May-21 : Interest
₹791
17-Jun-21 : Interest
₹791
17-Jul-21 : Interest
₹791
17-Aug-21 : Interest
₹791
17-Sep-21 : Interest
₹791
17-Oct-21 : Interest
₹791
17-Nov-21 : Interest
₹791
17-Dec-21 : Interest
₹791
17-Jan-22 : Interest
₹791
17-Feb-22 : Interest
₹791
17-Mar-22 : Interest
₹791
17-Apr-22 : Interest
₹791
17-May-22 : Interest
₹791
17-Jun-22 : Interest
₹791
17-Jul-22 : Interest
₹791
17-Aug-22 : Interest
₹791
17-Sep-22 : Interest
₹791
17-Oct-22 : Interest
₹791
17-Nov-22 : Interest
₹791
17-Dec-22 : Interest
₹791
17-Jan-23 : Interest
₹791
17-Feb-23 : Interest
₹791
17-Mar-23 : Interest
₹791
17-Apr-23 : Interest
₹791
17-May-23 : Interest
-₹303
17-May-23 : Interest
₹1,29,779
17-May-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹29,779)

Summary

Instrument Attributes

Value

Coupon Rate

9.50%

Returns

High

Bond Rating

A

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Kochi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE00XE07101 issued by Muthoot Vehicle & Asset Finance Limited

The instrument name of INE00XE07101 ISIN is MUTHOOT VEHICLE & ASSET FINANCE LIMITED OPTION II 9.50 NCD 17MY23 FVRS1000.
The interest earned from INE00XE07101 bond issued by Muthoot Vehicle & Asset Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE00XE07101 bond issued by Muthoot Vehicle & Asset Finance Limited has been assigned a credit rating of A by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.5%, which determines the periodic interest payments made to bondholders.
The INE00XE07101 Debenture is issued by Muthoot Vehicle & Asset Finance Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow