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9.75% Manappuram Finance Limited - AA Rated (INE522D07AV2)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE522D07AV2
Face value
₹1,000
Coupon rate
9.75%
Payment
Monthly
Tax Type
Taxable
Issue Size (Cr)
28.5001
Instrument Type
Debenture
Returns
High
Date of Issue
06 Mar 2019
Maturity Date
03 Jun 2024
Perpetual
Yes
Listing Status
Listed
Rating status
AA (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
MANAPPURAM FINANCE LIMITED SERIES II 9.75 NCD 06MR24 FVRS1000
Manappuram Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE522D07AV2, with a face value of ₹1,000 rs on 06Mar19 to raise 28.5001 crores. The debt instrument
is issued with a coupon rate of 9.75% and its interest is paid
Monthly. 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 9.75% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES II. MATURITY DATE 06/03/2024. This instrument is issued in Public Issue mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 08Mar19. CRISIL RATINGS LIMITED has given AA rating to
this Debenture on 27Mar23. This issuer is formerly known as MANAPPURAM GENERAL FINANCE AND LEASING LTD. 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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000
Cashflow
₹1,00,000
06-Mar-19 : Your investment
₹812
06-Apr-19 : Interest
₹812
06-May-19 : Interest
₹812
06-Jun-19 : Interest
₹812
06-Jul-19 : Interest
₹812
06-Aug-19 : Interest
₹812
06-Sep-19 : Interest
₹812
06-Oct-19 : Interest
₹812
06-Nov-19 : Interest
₹812
06-Dec-19 : Interest
₹812
06-Jan-20 : Interest
₹812
06-Feb-20 : Interest
₹812
06-Mar-20 : Interest
₹812
06-Apr-20 : Interest
₹812
06-May-20 : Interest
₹812
06-Jun-20 : Interest
₹812
06-Jul-20 : Interest
₹812
06-Aug-20 : Interest
₹812
06-Sep-20 : Interest
₹812
06-Oct-20 : Interest
₹812
06-Nov-20 : Interest
₹812
06-Dec-20 : Interest
₹812
06-Jan-21 : Interest
₹812
06-Feb-21 : Interest
₹812
06-Mar-21 : Interest
₹812
06-Apr-21 : Interest
₹812
06-May-21 : Interest
₹812
06-Jun-21 : Interest
₹812
06-Jul-21 : Interest
₹812
06-Aug-21 : Interest
₹812
06-Sep-21 : Interest
₹812
06-Oct-21 : Interest
₹812
06-Nov-21 : Interest
₹812
06-Dec-21 : Interest
₹812
06-Jan-22 : Interest
₹812
06-Feb-22 : Interest
₹812
06-Mar-22 : Interest
₹812
06-Apr-22 : Interest
₹812
06-May-22 : Interest
₹812
06-Jun-22 : Interest
₹812
06-Jul-22 : Interest
₹812
06-Aug-22 : Interest
₹812
06-Sep-22 : Interest
₹812
06-Oct-22 : Interest
₹812
06-Nov-22 : Interest
₹812
06-Dec-22 : Interest
₹812
06-Jan-23 : Interest
₹812
06-Feb-23 : Interest
₹812
06-Mar-23 : Interest
₹812
06-Apr-23 : Interest
₹812
06-May-23 : Interest
₹812
06-Jun-23 : Interest
₹812
06-Jul-23 : Interest
₹812
06-Aug-23 : Interest
₹812
06-Sep-23 : Interest
₹812
06-Oct-23 : Interest
₹812
06-Nov-23 : Interest
₹812
06-Dec-23 : Interest
₹812
06-Jan-24 : Interest
₹812
06-Feb-24 : Interest
₹812
06-Mar-24 : Interest
₹812
06-Apr-24 : Interest
₹812
06-May-24 : Interest
-₹40
03-Jun-24 : Interest
-₹40
03-Jun-24 : Interest
₹1,50,293
03-Jun-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹50,293)
Summary
Instrument Attributes
Value
Coupon Rate
9.75%
Returns
High
Bond Rating
AA
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 Finance Limited
FAQs about INE522D07AV2 issued by Manappuram Finance Limited
What is the instrument name of INE522D07AV2 ISIN?
The instrument name of INE522D07AV2 ISIN is MANAPPURAM FINANCE LIMITED SERIES II 9.75 NCD 06MR24 FVRS1000.
How frequently is the interest paid on INE522D07AV2 bond issued by Manappuram Finance Limited?
The interest earned from INE522D07AV2 bond issued by Manappuram Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
What is the credit rating of the INE522D07AV2 bond issued by Manappuram Finance Limited?
This INE522D07AV2 bond issued by Manappuram Finance Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE522D07AV2 bond issued by Manappuram Finance Limited?
This Debenture offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE522D07AV2 Debenture?
The INE522D07AV2 Debenture is issued by Manappuram 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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