0% Muthoottu Mini Financiers Ltd - A Rated (INE101Q07AE3)

Muthoottu Mini Financiers Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE101Q07AE3, with a face value of ₹1,000 rs on 03Jan22 to raise 17.5098 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES XVI OPTION IV. DATE OF MATURITY 02/01/2025.. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 05Jan22. CARE RATINGS LIMITED has given A- rating to this Debenture on 03Jan22. This issuer is formerly known as MUTHOOTTU MINI FINANCIERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.