Security Name: 7.8863% Mahindra and Mahindra Limited 28 Apr 2028
ISIN:
INE774D07VH4
Taxable
Tax Category
28 Apr, 2028
Maturity Date
(3 Yr 2 Mo 2 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
03 Feb, 2025
Allotment Date
NA
Put Date
03 Feb, 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
7.8863%
Coupon
Fixed Interest
Coupon Basis
7.8290%
Current Yield
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
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Mahindra and Mahindra Limited
Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership.Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries
The ratio in FY24 is 0.09x and in FY23 it was 0.40x, indicating decreasing debt levels due to significant decrease in the borrowings as well as increase in the profitability of the issuer in FY 23.
Debt/EBITDA
The ratio in FY24 is 98.16x and in FY23 it was 30.81x, indicating issuers increase in the ability to service its debt due to decrease in Interest expense on financial liabilities measured at amortised cost which led to overall decrease in the finance cost.
Interest coverage ratio
Recent News
Ministry of Skill Development & Entrepreneurship signs MoU with Mahindra & Mahindra Ltd. to conduct two Pilot Projects under the Drone Didi Yojana
May 10, 2024 | Mahindra and Mahindra Limited
Mahindra launches All-New Veero
Sep 16, 2024 | Mahindra and Mahindra Limited
Mahindra expands LCV range with product based on multi-energy platform
Sep 18, 2024 | Mahindra and Mahindra Limited
Related Videos
Principal Repayment Schedule
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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.
Clean Price
Yield (YTM)
Principal Amount
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
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Total Investment
| Cashflow for INE774D07VH4 |
|---|
| 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 |
|---|
| 7.8863% Mahindra and Mahindra Limited 28 Apr 2028 |
| Credit Rating |
|---|
| AAA Stable by CARE AAA Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 7.886300% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 28/04/2028 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Feb 25,2025 |
| Principal Amount |
|---|
| ₹1,00,731.7 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,00,731.7 |
| Price |
|---|
| ₹100.7317 |
| 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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