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Instrument Details

ISIN: INE101Q08118

Face value

₹1,000

Coupon rate

10.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

High

Date of Issue

15 Feb 2021

Maturity Date

13 Mar 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MUTHOOTTU MINI FINANCIERS LTD SR XIII OP VI 10.25 LOA 13MR26 FVRS1000
Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q08118, with a face value of ₹1,000 rs on 15Feb21 to raise 50 crores. The debt instrument is issued with a coupon rate of 10.25% 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 Unsecured Debenture is 10.25% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES-XIII-OPTION VI. DATE OF MATURITY 13/03/2026.. This instrument is issued in Public Issue mode. It has Simple 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 24Dec20. 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
12 Dec 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
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
15-Feb-21 : Your investment
₹854
15-Mar-21 : Interest
₹854
15-Apr-21 : Interest
₹854
15-May-21 : Interest
₹854
15-Jun-21 : Interest
₹854
15-Jul-21 : Interest
₹854
15-Aug-21 : Interest
₹854
15-Sep-21 : Interest
₹854
15-Oct-21 : Interest
₹854
15-Nov-21 : Interest
₹854
15-Dec-21 : Interest
₹854
15-Jan-22 : Interest
₹854
15-Feb-22 : Interest
₹854
15-Mar-22 : Interest
₹854
15-Apr-22 : Interest
₹854
15-May-22 : Interest
₹854
15-Jun-22 : Interest
₹854
15-Jul-22 : Interest
₹854
15-Aug-22 : Interest
₹854
15-Sep-22 : Interest
₹854
15-Oct-22 : Interest
₹854
15-Nov-22 : Interest
₹854
15-Dec-22 : Interest
₹854
15-Jan-23 : Interest
₹854
15-Feb-23 : Interest
₹854
15-Mar-23 : Interest
₹854
15-Apr-23 : Interest
₹854
15-May-23 : Interest
₹854
15-Jun-23 : Interest
₹854
15-Jul-23 : Interest
₹854
15-Aug-23 : Interest
₹854
15-Sep-23 : Interest
₹854
15-Oct-23 : Interest
₹854
15-Nov-23 : Interest
₹854
15-Dec-23 : Interest
₹854
15-Jan-24 : Interest
₹854
15-Feb-24 : Interest
₹854
15-Mar-24 : Interest
₹854
15-Apr-24 : Interest
₹854
15-May-24 : Interest
₹854
15-Jun-24 : Interest
₹854
15-Jul-24 : Interest
₹854
15-Aug-24 : Interest
₹854
15-Sep-24 : Interest
₹854
15-Oct-24 : Interest
₹854
15-Nov-24 : Interest
₹854
15-Dec-24 : Interest
₹854
15-Jan-25 : Interest
₹854
15-Feb-25 : Interest
₹854
15-Mar-25 : Interest
₹854
15-Apr-25 : Interest
₹854
15-May-25 : Interest
₹854
15-Jun-25 : Interest
₹854
15-Jul-25 : Interest
₹854
15-Aug-25 : Interest
₹854
15-Sep-25 : Interest
₹854
15-Oct-25 : Interest
₹854
15-Nov-25 : Interest
₹854
15-Dec-25 : Interest
₹854
15-Jan-26 : Interest
₹854
15-Feb-26 : Interest
-₹156
13-Mar-26 : Interest
-₹156
13-Mar-26 : Interest
₹1,50,937
13-Mar-26 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹50,937)

Summary

Instrument Attributes

Value

Coupon Rate

10.25%

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 INE101Q08118 issued by Muthoottu Mini Financiers Ltd

The instrument name of INE101Q08118 ISIN is MUTHOOTTU MINI FINANCIERS LTD SR XIII OP VI 10.25 LOA 13MR26 FVRS1000.
The interest earned from INE101Q08118 bond issued by Muthoottu Mini Financiers Ltd is paid Monthly, ensuring regular and consistent income for investors.
This INE101Q08118 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.
This Debenture offers a coupon rate of 10.25%, which determines the periodic interest payments made to bondholders.
The INE101Q08118 Debenture is issued by Muthoottu Mini Financiers Ltd, a Private Sector company.
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