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Instrument Details

ISIN: INE101Q07AF0

Face value

₹1,000

Coupon rate

9.75%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

61.818

Instrument Type

Debenture

Returns

High

Date of Issue

03 Jan 2022

Maturity Date

01 Feb 2026

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

Senior

Guarantee Type

Non Convertible

About this Bond

MUTHOOTTU MINI FINANCIERS LTD SR XVI OPT V 9.75 LOA 02JN26 FVRS1000
Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q07AF0, with a face value of ₹1,000 rs on 03Jan22 to raise 61.818 crores. The debt instrument is issued with a coupon rate of 9.75% 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 9.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES XVI OPTION V. DATE OF MATURITY 02/01/2026.. 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 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.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
check
Date Verified
05 Apr 2024
check
Outlook
Stable
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Seniority in Repayment
Senior
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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
03-Jan-22 : Your investment
₹812
03-Feb-22 : Interest
₹812
03-Mar-22 : Interest
₹812
03-Apr-22 : Interest
₹812
03-May-22 : Interest
₹812
03-Jun-22 : Interest
₹812
03-Jul-22 : Interest
₹812
03-Aug-22 : Interest
₹812
03-Sep-22 : Interest
₹812
03-Oct-22 : Interest
₹812
03-Nov-22 : Interest
₹812
03-Dec-22 : Interest
₹812
03-Jan-23 : Interest
₹812
03-Feb-23 : Interest
₹812
03-Mar-23 : Interest
₹812
03-Apr-23 : Interest
₹812
03-May-23 : Interest
₹812
03-Jun-23 : Interest
₹812
03-Jul-23 : Interest
₹812
03-Aug-23 : Interest
₹812
03-Sep-23 : Interest
₹812
03-Oct-23 : Interest
₹812
03-Nov-23 : Interest
₹812
03-Dec-23 : Interest
₹812
03-Jan-24 : Interest
₹812
03-Feb-24 : Interest
₹812
03-Mar-24 : Interest
₹812
03-Apr-24 : Interest
₹812
03-May-24 : Interest
₹812
03-Jun-24 : Interest
₹812
03-Jul-24 : Interest
₹812
03-Aug-24 : Interest
₹812
03-Sep-24 : Interest
₹812
03-Oct-24 : Interest
₹812
03-Nov-24 : Interest
₹812
03-Dec-24 : Interest
₹812
03-Jan-25 : Interest
₹812
03-Feb-25 : Interest
₹812
03-Mar-25 : Interest
₹812
03-Apr-25 : Interest
₹812
03-May-25 : Interest
₹812
03-Jun-25 : Interest
₹812
03-Jul-25 : Interest
₹812
03-Aug-25 : Interest
₹812
03-Sep-25 : Interest
₹812
03-Oct-25 : Interest
₹812
03-Nov-25 : Interest
₹812
03-Dec-25 : Interest
₹812
03-Jan-26 : Interest
-₹203
01-Feb-26 : Interest
-₹203
01-Feb-26 : Interest
₹1,38,593
01-Feb-26 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹38,593)

Summary

Instrument Attributes

Value

Coupon Rate

9.75%

Returns

High

Bond Rating

A-

Seniority in Repayment

Senior

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 INE101Q07AF0 issued by Muthoottu Mini Financiers Ltd

The instrument name of INE101Q07AF0 ISIN is MUTHOOTTU MINI FINANCIERS LTD SR XVI OPT V 9.75 LOA 02JN26 FVRS1000.
The interest earned from INE101Q07AF0 bond issued by Muthoottu Mini Financiers Ltd is paid Monthly, ensuring regular and consistent income for investors.
This INE101Q07AF0 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 9.75%, which determines the periodic interest payments made to bondholders.
The INE101Q07AF0 Debenture is issued by Muthoottu Mini Financiers Ltd, a Private Sector company.
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