Instrument Details

ISIN: INE101Q07599

Face value

₹1,000

Coupon rate

10.50%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

27.2743

Instrument Type

Debenture

Returns

High

Date of Issue

18 Feb 2020

Maturity Date

17 Feb 2025

Perpetual

Yes

Listing Status

Listed

Rating status

A- (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MUTHOOTTU MINI FINANCIERS LTD OPTION V 10.50 LOA 17FB25 FVRS1000
Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q07599, with a face value of ₹1,000 rs on 18Feb20 to raise 27.2743 crores. The debt instrument is issued with a coupon rate of 10.50% 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 10.50% SECURED SENIOR RATED LISTED NON-CONVERTIBLE REDEEMABLE DEBENTURES LETTER OF ALLOTMENT OPTION V. DATE OF MATURITY 17/02/2025.. 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 20Feb20. CARE RATINGS LIMITED has given A- rating to this Debenture on 18Feb20. This issuer is formerly known as MUTHOOTTU MINI FINANCIERS PRIVATE 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
08 Dec 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

10.50%

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
Pathanamthitta
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE101Q07599 issued by Muthoottu Mini Financiers Ltd

The instrument name of INE101Q07599 ISIN is MUTHOOTTU MINI FINANCIERS LTD OPTION V 10.50 LOA 17FB25 FVRS1000.
The interest earned from the INE101Q07599 bond issued by Muthoottu Mini Financiers Ltd is paid at the time of maturity
This INE101Q07599 bond issued by Muthoottu Mini Financiers Ltd has been assigned a credit rating of A- by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.5%, which determines the periodic interest payments made to bondholders.
The INE101Q07599 Debenture is issued by Muthoottu Mini Financiers Ltd, a Private Sector company.