Instrument Details

ISIN: INE00XE07184

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

24.0282

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

17 Mar 2020

Maturity Date

17 Sep 2027

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 X NCD 17SP27 FVRS1000
Muthoot Vehicle & Asset Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00XE07184, with a face value of ₹1,000 rs on 17Mar20 to raise 24.0282 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. OPTION X. DATE OF MATURITY 17/09/2027.. 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
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Date Verified
28 Feb 2022
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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

0%

Returns

Linked to Markets

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 INE00XE07184 issued by Muthoot Vehicle & Asset Finance Limited

The instrument name of INE00XE07184 ISIN is MUTHOOT VEHICLE & ASSET FINANCE LIMITED OPTION X NCD 17SP27 FVRS1000.
Never, as INE00XE07184 bond issued by Muthoot Vehicle & Asset Finance Limited is a Zero-coupon bond.
This INE00XE07184 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.
The coupon rate of INE00XE07184 bond issued by Muthoot Vehicle & Asset Finance Limited is 0%.
The INE00XE07184 Debenture is issued by Muthoot Vehicle & Asset Finance Limited, a Private Sector company.