BOND DETAILS
Midland Microfin Limited 12.45% Bond · 31 Mar 2027
INE884Q07632SecuredReported as listedAnnual coupon rate12.45%On face value · not yield
Maturity date31 Mar 2027
6 months left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Half-yearly
- Interest type
- Fixed Interest
- Face value
- ₹10,00,000
- Allotment date
- 31 Mar 2022
- Security
- Secured
- Seniority
- Senior
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ON SEMI ANNUALLY BASIS ON 30/09/2022,31/03/2023 AND SO ON TILL MATURITY.
Redemption terms
PARTIAL REMDEPTION ON 02/04/2026 AND ON MATURITY.
Call provisions
Call terms are not available. Check whether the issuer can repay the bond early.
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| INDIA RATING AND RESEARCH PVT. LTD | BBB | 22 Mar 2022 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Midland Microfin Limited
- ISIN
- INE884Q07632
- Debenture trustee
- Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)
- Registrar
- Skyline Financial Services Private Limited
- NSE · reported status
- To be listed
- BSE · reported status
- Listed
- Security name
- MIDLAND MICROFIN LIMITED TR 1 12.45 NCD 31MR27 FVRS10LAC
- Bond description
- 12.45% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.TRANCHE 1.DATE OF MATURITY 31/03/2027
CONTINUE YOUR RESEARCH