Muthoot Microfin Limited - A Rated (INE046W07123)

Muthoot Microfin Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE046W07123, with a face value of ₹10,00,000 rs on 15Jun21 to raise 75 crores. The debt instrument is issued with a coupon rate of IGB 5.85 CORP PRICE LINKED 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 IGB 5.85 CORP PRICE LINKED SECURED LISTED RATED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 15/12/2022. 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 18Jun21. CRISIL RATINGS LIMITED has given PP-MLD A+r rating to this Debenture on 11Jun21. 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.