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Instrument Details

ISIN: INE101A08070

Face value

₹10,00,000

Coupon rate

9.55%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

High

Date of Issue

04 Jul 2013

Maturity Date

07 Apr 2063

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CRISIL 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

MAHINDRA AND MAHINDRA LIMITED 9.55 NCD 04JL63 FVRS10LAC LOA UPTO 2OT13
Mahindra And Mahindra Limited, a Passenger Cars & Utility Vehicles company, has floated Debenture, having ISIN value as INE101A08070, with a face value of ₹10,00,000 rs on 04Jul13 to raise 500 crores. The debt instrument is issued with a coupon rate of 9.55% 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 9.55% UNSECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 04/07/2063. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 27Jun13. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
28 Sep 2021
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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

9.55%

Returns

High

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Passenger Cars & Utility Vehicles
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Automobile and Auto Components
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE101A08070 issued by Mahindra And Mahindra Limited

The instrument name of INE101A08070 ISIN is MAHINDRA AND MAHINDRA LIMITED 9.55 NCD 04JL63 FVRS10LAC LOA UPTO 2OT13.
The interest earned from the INE101A08070 bond issued by Mahindra And Mahindra Limited is paid at the time of maturity
This INE101A08070 bond issued by Mahindra And Mahindra Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.55%, which determines the periodic interest payments made to bondholders.
The INE101A08070 Debenture is issued by Mahindra And Mahindra Limited, a Private Sector company.
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