9.75% Muthoot Finance Limited - AA Rated (INE414G07DX5)

Muthoot Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE414G07DX5, with a face value of ₹1,000 rs on 01Nov19 to raise 40.9948 crores. The debt instrument is issued with a coupon rate of 9.75% 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 9.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES XXI- OPTION V. DATE OF MATURITY  01/01/2023. 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 05Nov19. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 03Sep19. This issuer is formerly known as MUTHOOT FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.