Muthoot Mercantile Limited
INACTIVE
ISIN: INE05F407283
Issuer Details
Issuer Name
MUTHOOT MERCANTILE LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10.5%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65921KL1997PLC011260
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
10.50% Secured, Unlisted, Un...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
-
Category of Instrument
-
Allotment Date
25-05-2020
Redemption Date
25-05-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
CHARGE ON ALL OUTSTANDING GOLD LOAN RECEIVABLES BOTH PRESENT AND FUTURE
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Similar Bonds
MUTHOOT MERCANTILE LIMITED
ISIN: INE05F407CG3
Face Value (in ₹)
1000
MUTHOOT MERCANTILE LIMITED
ISIN: INE05F407BM3
Coupon Rate
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Face Value (in ₹)
1000
MUTHOOT MERCANTILE LIMITED
ISIN: INE05F407CK5
Face Value (in ₹)
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MUTHOOT MERCANTILE LIMITED
ISIN: INE05F407BS0
Coupon Rate
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Face Value (in ₹)
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About Muthoot Mercantile Limited bond with ISIN: INE05F407283
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE05F407283, represents a significant financial instrument. Issued by MUTHOOT MERCANTILE LIMITED, it comes with the following description: "10.50% Secured, Unlisted, Unlisted Not guaranteed, Senior, Taxable, Non Cumulative, Unrated, Redeemable, Non Convertible Debentures Series CLXXVIII SERIES 178th. Date of maturity 25/05/2025 ". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, MUTHOOT MERCANTILE LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U65921KL1997PLC011260 further bolster its credibility. With a coupon rate of 10.5, this instrument has been meticulously managed with the assistance of N/A and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of N/A. It was allotted on 5/25/2020 and is scheduled for redemption on 5/25/2025. Categorized under "-" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. No credit rating information is available for this bond. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: CHARGE ON ALL OUTSTANDING GOLD LOAN RECEIVABLES BOTH PRESENT AND FUTURE – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. There are no additional documents available for this bond. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE05F407CG3 having a coupon rate of N/A and the bond with ISIN INE05F407BM3 having a coupon rate of 10.75% and the bond with ISIN INE05F407CK5 having a coupon rate of N/A and the bond with ISIN INE05F407BS0 having a coupon rate of 10.15%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.