Muthoottu Mini Financiers Ltd
, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE101Q07AD5, with a face value of ₹1,000 rs on 03Jan22 to raise 23.0239 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. LETTER OF ALLOTMENT. SERIES XVI OPTION III. DATE OF MATURITY 02/01/2024.. This instrument is issued in Public Issue mode. It has Compounding coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 05Jan22. CARE RATINGS LIMITED has given A- rating to
this Debenture on 03Jan22. 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.