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Instrument Details

ISIN: INE101Q08167

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

24.0761

Instrument Type

Debenture

Returns

Low

Date of Issue

16 Sep 2021

Maturity Date

15 Sep 2028

Perpetual

Yes

Listing Status

Listed

Rating status

A- (CARE 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 XV OPT VII LOA 15SP28 FVRS1000
Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q08167, with a face value of ₹1,000 rs on 16Sep21 to raise 24.0761 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 Unsecured Debenture is UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES-XV-OPTION VII . DATE OF MATURITY 15/09/2028.. 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 20Sep21. CARE RATINGS LIMITED has given A- rating to this Debenture on 16Sep21. 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
06 Jan 2025
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

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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Rated ★ 4.3+ on

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FAQs about INE101Q08167 issued by Muthoottu Mini Financiers Ltd

The instrument name of INE101Q08167 ISIN is MUTHOOTTU MINI FINANCIERS LTD SR XV OPT VII LOA 15SP28 FVRS1000.
Never, as INE101Q08167 bond issued by Muthoottu Mini Financiers Ltd is a Zero-coupon bond.
This INE101Q08167 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.
The coupon rate of INE101Q08167 bond issued by Muthoottu Mini Financiers Ltd is 0%.
The INE101Q08167 Debenture is issued by Muthoottu Mini Financiers Ltd, a Private Sector company.
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