9.90% Muthoot Microfin Limited - A Rated (INE046W07198)

Muthoot Microfin Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE046W07198, with a face value of ₹10,00,000 rs on 15Jun22 to raise 93.2 crores. The debt instrument is issued with a coupon rate of 9.90% and its interest is paid Quarterly. 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 9.9% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 15/12/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 12May22. 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.