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8.20% Mahindra Rural Housing Finance Limited - AAA Rated (INE950O07214)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE950O07214
Face value
₹10,00,000
Coupon rate
8.20%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
25
Instrument Type
Debenture
Returns
High
Date of Issue
22 Jan 2018
Maturity Date
20 Jan 2023
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (CRISIL 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 RURAL HOUSING FINANCE LIMITED SR-HH2017 8.2NCD20JN23FVRS10LACLOAUPTO31JN18
Mahindra Rural Housing Finance Limited, a Housing Finance Company company, has floated Debenture,
having ISIN value as INE950O07214, with a face value of ₹10,00,000 rs on 22Jan18 to raise 25 crores. The debt instrument
is issued with a coupon rate of 8.20% 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 8.20% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES MRHFL-HH2017. LETTER OF ALLOTMENT. DATE OF MATURITY 20/01/2023. 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 30Jan18. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 02Jan18. 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
22-Jan-18 : Your investment
₹82,00,000
22-Jan-19 : Interest
₹82,00,000
22-Jan-20 : Interest
₹82,00,000
22-Jan-21 : Interest
₹82,00,000
22-Jan-22 : Interest
₹81,77,534
20-Jan-23 : Interest
₹14,09,77,534
20-Jan-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,09,77,534)
Summary
Instrument Attributes
Value
Coupon Rate
8.20%
Returns
High
Bond Rating
AAA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Housing Finance Company
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Mahindra Rural Housing Finance Limited
FAQs about INE950O07214 issued by Mahindra Rural Housing Finance Limited
What is the instrument name of INE950O07214 ISIN?
The instrument name of INE950O07214 ISIN is MAHINDRA RURAL HOUSING FINANCE LIMITED SR-HH2017 8.2NCD20JN23FVRS10LACLOAUPTO31JN18.
How frequently is the interest paid on INE950O07214 bond issued by Mahindra Rural Housing Finance Limited?
The interest earned from INE950O07214 bond issued by Mahindra Rural Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE950O07214 bond issued by Mahindra Rural Housing Finance Limited?
This INE950O07214 bond issued by Mahindra Rural Housing Finance Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE950O07214 bond issued by Mahindra Rural Housing Finance Limited?
This Debenture offers a coupon rate of 8.2%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE950O07214 Debenture?
The INE950O07214 Debenture is issued by Mahindra Rural Housing Finance Limited, 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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