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11.75% Manappuram Asset Finance Limited (INE034907142)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE034907142
Face value
₹1,000
Coupon rate
11.75%
Payment
on Maturity
Tax Type
Taxable
Issue Size (Cr)
0.7664
Instrument Type
Debenture
Returns
High
Date of Issue
30 Mar 2019
Maturity Date
30 Mar 2026
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Available
Put Option
Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
MANAPPURAM ASSET FINANCE LIMITED SR MAAFIN MAR(3) 11.75 NCD 30MR26 FVRS1000
Manappuram Asset Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE034907142, with a face value of ₹1,000 rs on 30Mar19 to raise 0.7664 crores. The debt instrument
is issued with a coupon rate of 11.75% 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 Secured
Debenture is 11.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES MAAFIN MARCH (3) 2019 CUMULATIVE. DATE OF MATURITY 30/03/2026. This instrument is issued in Private Placement mode. It has Compounding coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as LFC HIRE PURCHASE COMPANY LTD, LFC HIRE PURCHASE COMPANY PRIVATE LTD 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
11.75%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Thrissur
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Manappuram Asset Finance Limited
FAQs about INE034907142 issued by Manappuram Asset Finance Limited
What is the instrument name of INE034907142 ISIN?
The instrument name of INE034907142 ISIN is MANAPPURAM ASSET FINANCE LIMITED SR MAAFIN MAR(3) 11.75 NCD 30MR26 FVRS1000.
How frequently is the interest paid on INE034907142 bond issued by Manappuram Asset Finance Limited?
The interest earned from the INE034907142 bond issued by Manappuram Asset Finance Limited is paid at the time of maturity
What is the credit rating of the INE034907142 bond issued by Manappuram Asset Finance Limited?
This INE034907142 bond issued by Manappuram Asset Finance Limited does not currently have an assigned credit rating
What is the coupon rate of INE034907142 bond issued by Manappuram Asset Finance Limited?
This Debenture offers a coupon rate of 11.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE034907142 Debenture?
The INE034907142 Debenture is issued by Manappuram Asset 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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