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5.14% Mahindra & Mahindra Financial Services Ltd - AAA Rated (INE774D07UE3)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE774D07UE3
Face value
₹10,00,000
Coupon rate
5.14%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
750
Instrument Type
Debenture
Returns
Medium
Date of Issue
23 Jul 2021
Maturity Date
23 Jan 2023
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR AD2021 OP I 5.14 NCD 23JN23 FVRS10LAC
Mahindra & Mahindra Financial Services Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE774D07UE3, with a face value of ₹10,00,000 rs on 23Jul21 to raise 750 crores. The debt instrument
is issued with a coupon rate of 5.14% and its interest is paid
Annually. 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 5.14% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES AD2021.DATE OF MATURITY 23/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 26Jul21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Debenture on 08Dec20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
23-Jul-21 : Your investment
₹51,40,000
23-Jul-22 : Interest
₹25,91,123
23-Jan-23 : Interest
₹10,77,31,123
23-Jan-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹77,31,123)
Summary
Instrument Attributes
Value
Coupon Rate
5.14%
Returns
Medium
Bond Rating
AAA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Mahindra & Mahindra Financial Services Ltd
FAQs about INE774D07UE3 issued by Mahindra & Mahindra Financial Services Ltd
What is the instrument name of INE774D07UE3 ISIN?
The instrument name of INE774D07UE3 ISIN is MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR AD2021 OP I 5.14 NCD 23JN23 FVRS10LAC.
How frequently is the interest paid on INE774D07UE3 bond issued by Mahindra & Mahindra Financial Services Ltd?
The interest earned from INE774D07UE3 bond issued by Mahindra & Mahindra Financial Services Ltd is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE774D07UE3 bond issued by Mahindra & Mahindra Financial Services Ltd?
This INE774D07UE3 bond issued by Mahindra & Mahindra Financial Services Ltd has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE774D07UE3 bond issued by Mahindra & Mahindra Financial Services Ltd?
This Debenture offers a coupon rate of 5.14%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE774D07UE3 Debenture?
The INE774D07UE3 Debenture is issued by Mahindra & Mahindra Financial Services Ltd, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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