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Instrument Details

ISIN: INE101Q08126

Face value

₹1,000

Coupon rate

0%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

15 Feb 2021

Maturity Date

14 Feb 2028

Perpetual

Yes

Listing Status

Listed

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 VII LOA 14FB28 FVRS1000
Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q08126, with a face value of ₹1,000 rs on 15Feb21 to raise 50 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 Unsecured Debenture is UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES-XIII-OPTION VII . DATE OF MATURITY 14/02/2028.. 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 18Feb21. 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
03 Oct 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured

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
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FAQs about INE101Q08126 issued by Muthoottu Mini Financiers Ltd

The instrument name of INE101Q08126 ISIN is MUTHOOTTU MINI FINANCIERS LTD SR XIII OP VII LOA 14FB28 FVRS1000.
The interest earned from the INE101Q08126 bond issued by Muthoottu Mini Financiers Ltd is paid at the time of maturity
This INE101Q08126 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 INE101Q08126 bond issued by Muthoottu Mini Financiers Ltd is 0%.
The INE101Q08126 Debenture is issued by Muthoottu Mini Financiers Ltd, a Private Sector company.
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