Security Name: 8.60% MAS Financial Services Limited 16 Jul 2025
ISIN:
INE348L07167
Taxable
Tax Category
16 Jul, 2025
Maturity Date
(6 Mo 23 D to mature)
Monthly
Interest Payment Frequency
No
NRI Eligibility
16 Jan, 2024
Allotment Date
NA
Put Date
16 Jan, 2025
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
Quote Not Available
Dirty Price
8.6%
Coupon
Fixed Interest
Coupon Basis
NaN%
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
MAS Financial Services Limited
MFSL was incorporated in 1995, the company was registered as an NBFC in 1998 with RBI. It was initially engaged in the lending of two-wheeler and micro enterprises loans and later on forayed in commercial vehicle loan and SME loan segments. The lending activities of MFSL are carried out by it directly through its own network of 155 branches at a standalone level as on June 30, 2023.
The ratio in FY24 is 7.10x as compared to 7.53x in FY23. It indicates that despite there being an increase in debt and borrowing of the issuer, still they manage to increase their profit level slightly which improves their ratio.
Debt/EBITDA
The ratio in FY24 is 1.54x and it was 1.56x in FY23, this indicates that the company’s debt service ability of the issuer slightly decreased due to increase in finance cost of the issuer.
Interest coverage ratio
Recent News
MAS Financial Services Ltd allots 10,93,24,086 bonus equity shares
Mar 26, 2024 | MAS Financial Services Limited
MAS Financial Aims For Rs 20,000-Crore AUM Within Four Years
Sep 18, 2024 | MAS Financial Services Limited
MAS Financial Services allots NCDs upto Rs 100 crore
Nov 28, 2024 | MAS Financial Services 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.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE348L07167 |
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| 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). |
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| Security Name |
|---|
| 8.60% MAS Financial Services Limited 16 Jul 2025 |
| Credit Rating |
|---|
| AA- Stable by CARE |
| Coupon Frequency |
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| Monthly |
| Face Value |
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| ₹1,00,000 |
| Coupon |
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| 8.600000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 16/07/2025 |
| Security |
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| Senior Secured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
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| ₹NaN |
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Quote Not Available for purchase
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.
