11.40% Muthoot Microfin Limited - A Rated (INE046W07065)

Muthoot Microfin Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE046W07065, with a face value of ₹10,00,000 rs on 27Nov19 to raise 70 crores. The debt instrument is issued with a coupon rate of 11.40% and its interest is paid Semi 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 11.40% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. F GROUP DEBT INSTRUMENTS SERIES 1-700. DATE OF MATURITY 27/11/2024. 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 06Dec19. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 20Aug19. This issuer is formerly known as PANCHRATNA SECURITIES LIMITED, PANCHARATNA STOCK & INVESTMENT CONSULTANCY SERVICES LIMITED, PANCHARATNA STOCK & INVESTMENT CONSULTANCY SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.