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Instrument Details

ISIN: INE101Q08134

Face value

₹1,000

Coupon rate

10.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

24.052

Instrument Type

Debenture

Returns

High

Date of Issue

03 May 2021

Maturity Date

06 Feb 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

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

MUTHOOTTU MINI FINANCIERS LTD SR XIV OPVI 10.25 LOA 02JU26 FVRS1000
Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q08134, with a face value of ₹1,000 rs on 03May21 to raise 24.052 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-XIV-OPTION VI . DATE OF MATURITY 02/06/2026.. 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 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-
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Date Verified
03 Oct 2024
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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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
03-May-21 : Your investment
₹854
03-Jun-21 : Interest
₹854
03-Jul-21 : Interest
₹854
03-Aug-21 : Interest
₹854
03-Sep-21 : Interest
₹854
03-Oct-21 : Interest
₹854
03-Nov-21 : Interest
₹854
03-Dec-21 : Interest
₹854
03-Jan-22 : Interest
₹854
03-Feb-22 : Interest
₹854
03-Mar-22 : Interest
₹854
03-Apr-22 : Interest
₹854
03-May-22 : Interest
₹854
03-Jun-22 : Interest
₹854
03-Jul-22 : Interest
₹854
03-Aug-22 : Interest
₹854
03-Sep-22 : Interest
₹854
03-Oct-22 : Interest
₹854
03-Nov-22 : Interest
₹854
03-Dec-22 : Interest
₹854
03-Jan-23 : Interest
₹854
03-Feb-23 : Interest
₹854
03-Mar-23 : Interest
₹854
03-Apr-23 : Interest
₹854
03-May-23 : Interest
₹854
03-Jun-23 : Interest
₹854
03-Jul-23 : Interest
₹854
03-Aug-23 : Interest
₹854
03-Sep-23 : Interest
₹854
03-Oct-23 : Interest
₹854
03-Nov-23 : Interest
₹854
03-Dec-23 : Interest
₹854
03-Jan-24 : Interest
₹854
03-Feb-24 : Interest
₹854
03-Mar-24 : Interest
₹854
03-Apr-24 : Interest
₹854
03-May-24 : Interest
₹854
03-Jun-24 : Interest
₹854
03-Jul-24 : Interest
₹854
03-Aug-24 : Interest
₹854
03-Sep-24 : Interest
₹854
03-Oct-24 : Interest
₹854
03-Nov-24 : Interest
₹854
03-Dec-24 : Interest
₹854
03-Jan-25 : Interest
₹854
03-Feb-25 : Interest
₹854
03-Mar-25 : Interest
₹854
03-Apr-25 : Interest
₹854
03-May-25 : Interest
₹854
03-Jun-25 : Interest
₹854
03-Jul-25 : Interest
₹854
03-Aug-25 : Interest
₹854
03-Sep-25 : Interest
₹854
03-Oct-25 : Interest
₹854
03-Nov-25 : Interest
₹854
03-Dec-25 : Interest
₹854
03-Jan-26 : Interest
₹854
03-Feb-26 : Interest
₹71
06-Feb-26 : Interest
₹1,48,758
06-Feb-26 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹48,758)

Summary

Instrument Attributes

Value

Coupon Rate

10.25%

Returns

High

Bond Rating

A-

Seniority in Repayment

Subordinate Tier 2

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 INE101Q08134 issued by Muthoottu Mini Financiers Ltd

The instrument name of INE101Q08134 ISIN is MUTHOOTTU MINI FINANCIERS LTD SR XIV OPVI 10.25 LOA 02JU26 FVRS1000.
The interest earned from INE101Q08134 bond issued by Muthoottu Mini Financiers Ltd is paid Monthly, ensuring regular and consistent income for investors.
This INE101Q08134 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 INE101Q08134 Debenture is issued by Muthoottu Mini Financiers Ltd, a Private Sector company.
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