The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
Mahindra & Mahindra Financial Services Ltd - AAA Rated (INE774D07UI4)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE774D07UI4
Face value
₹10,00,000
Coupon rate
3 MONTH T-BILL LINKED
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
500
Instrument Type
Debenture
Returns
Linked to Markets
Date of Issue
15 Feb 2022
Maturity Date
14 Feb 2025
Perpetual
Yes
Listing Status
Unlisted
Rating status
AAA (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR AB2022 BR NCD 14FB25 FVRS10LAC
Mahindra & Mahindra Financial Services Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE774D07UI4, with a face value of ₹10,00,000 rs on 15Feb22 to raise 500 crores. The debt instrument
is issued with a coupon rate of 3 MONTH T-BILL LINKED 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 3 MONTH T-BILL LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES AB2022. DATE OF MATURITY 14/02/2025. This instrument is issued in Private Placement (EBP) 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 AAA rating to
this Debenture on 07Dec21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Summary
Instrument Attributes
Value
Coupon Rate
3 MONTH T-BILL LINKED
Returns
Linked to Markets
Bond Rating
AAA
Seniority in Repayment
Senior
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 INE774D07UI4 issued by Mahindra & Mahindra Financial Services Ltd
What is the instrument name of INE774D07UI4 ISIN?
The instrument name of INE774D07UI4 ISIN is MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR AB2022 BR NCD 14FB25 FVRS10LAC.
How frequently is the interest paid on INE774D07UI4 bond issued by Mahindra & Mahindra Financial Services Ltd?
The interest earned from INE774D07UI4 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 INE774D07UI4 bond issued by Mahindra & Mahindra Financial Services Ltd?
This INE774D07UI4 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 INE774D07UI4 bond issued by Mahindra & Mahindra Financial Services Ltd?
The coupon rate of INE774D07UI4 bond issued by Mahindra & Mahindra Financial Services Ltd is 3 MONTH T-BILL LINKED.
Who is the issuer of INE774D07UI4 Debenture?
The INE774D07UI4 Debenture is issued by Mahindra & Mahindra Financial Services Ltd, a Private Sector company.
Popular Collection Pages
Popular Issuers
©2021-2022 Dezerv. All Rights Reserved
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.
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.
Invest in safer portfolio without compromising returns.
