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Instrument Details

ISIN: INE522D07BA4

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

20.4779

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Mar 2019

Maturity Date

05 May 2026

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 VII NCD 05MY26 FVRS1000
Manappuram Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE522D07BA4, with a face value of ₹1,000 rs on 06Mar19 to raise 20.4779 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VII. MATURITY DATE 05/05/2026. 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)

Instrument Rating
AA
High Safety
AA
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Date Verified
13 Apr 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Thrissur
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE522D07BA4 issued by Manappuram Finance Limited

The instrument name of INE522D07BA4 ISIN is MANAPPURAM FINANCE LIMITED SERIES VII NCD 05MY26 FVRS1000.
Never, as INE522D07BA4 bond issued by Manappuram Finance Limited is a Zero-coupon bond.
This INE522D07BA4 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.
The coupon rate of INE522D07BA4 bond issued by Manappuram Finance Limited is 0%.
The INE522D07BA4 Debenture is issued by Manappuram Finance Limited, a Private Sector company.
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