Instrument Details

ISIN: INE101Q07953

Face value

₹1,000

Coupon rate

0%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

12.8141

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

03 May 2021

Maturity Date

07 Feb 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (INDIA 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 SR XIV OP V LOA 02JL25 FVRS1000
Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q07953, with a face value of ₹1,000 rs on 03May21 to raise 12.8141 crores. The debt instrument is issued with a coupon rate of 0% 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 SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES-XIV-OPTION V . DATE OF MATURITY 02/07/2025. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 05Mar21. 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-
check
Date Verified
12 Dec 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
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
Pathanamthitta
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE101Q07953 issued by Muthoottu Mini Financiers Ltd

The instrument name of INE101Q07953 ISIN is MUTHOOTTU MINI FINANCIERS LTD SR XIV OP V LOA 02JL25 FVRS1000.
The interest earned from the INE101Q07953 bond issued by Muthoottu Mini Financiers Ltd is paid at the time of maturity
This INE101Q07953 bond issued by Muthoottu Mini Financiers Ltd has been assigned a credit rating of A- by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE101Q07953 bond issued by Muthoottu Mini Financiers Ltd is 0%.
The INE101Q07953 Debenture is issued by Muthoottu Mini Financiers Ltd, a Private Sector company.