Security Name: 10.75% Midland Microfin Limited 27 Nov 2027
ISIN: INE884Q07814
Taxable
Tax Category
27 Nov, 2027
Maturity Date
(1 Yr 8 Mo 30 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
27 Nov, 2025
Allotment Date
NA
Put Date
27 Mar, 2026
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
10.75%
Coupon
Fixed Interest
Coupon Basis
10.8667%
Current Yield
12 Mar, 2026
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Risk gauge from Low to High Safety. Needle points near Medium Safety. Credit rating is A - (ACUITE).
| Rating agency | Rating | Needle position |
|---|---|---|
| ACUITE | A - | near Medium Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
LIQUIDITY INDICATOR #
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Transaction Count
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Volume Traded
as on -- (in Lakhs)
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Transaction Count
(since 3 months)
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Volume Traded
(since 3 months) (in Lakhs)
# Data points from
# Updates every 15 minutes during market hours
# Last Updated: --
ISSUER
MML has scripted its legacy over the past one decade and the institution’s geographic footprint spans over 12 States and 2 Union Territories with 436 branches. The branch network now extends from Punjab to Himachal Pradesh, Haryana to Jammu & Kashmir, Bihar, Gujarat, Jharkhand, Odisha, Uttar Pradesh, Madhya Pradesh, Uttarakhand, West Bengal, and Chandigarh. With an unwavering commitment to grassroots empowerment, MML strives to exemplify a technology driven microfinance institution, determined to uplift the progressive poor and eradicate poverty. As on Mar 31, 2024 the Authorised Share Capital of Midland Microfin Limited.
The ratio in FY25 is 6.33x and it was 6.11x in FY24, indicating slight increase in the debt level due to increasing delinquencies, high operating expenses from expansion, and sector-wide stress.
Debt/EBITDA
The ratio in FY25 is 1.12x and it was 1.46x in FY24, indicating decrease in debt servicing ability of the issuer due to higher credit costs, increased GNPA, and lower collection efficiency.
Interest coverage ratio
Recent News
Jul 18, 2024 | Midland Microfin Limited
Sep 11, 2024 | Midland Microfin Limited
Sep 02, 2025 | Midland Microfin Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Principal Amount
Accrued Interest from
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
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Total Investment
| Cashflow for INE884Q07814 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 10.75% Midland Microfin Limited 27 Nov 2027 |
| Credit Rating |
|---|
| A - by ACUITE |
| Coupon Frequency |
|---|
| Monthly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 10.750000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 27/11/2027 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Feb 26,2026 |
| Principal Amount |
|---|
| ₹98,926.1 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹98,926.1 |
| Price |
|---|
| ₹98.9261 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
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