Logo
Search Icon
Header BG

Security Name: 8.97% Motilal Oswal Financial Services Limited 09 May 2029

Copy icon
ISIN:
INE338I07164
Copy icon

card-bg

Taxable

Tax Category

card-bg

09 May, 2029

Maturity Date
(4 Yr 4 Mo 15 D to mature)

card-bg

Monthly

Interest Payment Frequency

card-bg

Yes

NRI Eligibility

card-bg

09 May, 2024

Allotment Date

card-bg

NA

Put Date

card-bg

31 Jan, 2025

Next Interest Payment Date

card-bg

15 days

Shut Period

card-bg

Both

Active on NSDL/CDSL

card-bg

Non-Guaranteed

Type of Guarantee

card-bg

No

Perpetual

card-bg

IPO

Mode of Issue

card-bg

Listed

Listing Details

card-bg

Non Public Sector Undertaking

Type of Issuer

card-bg

Quote Not Available

Dirty Price

card-bg

8.97%

Coupon

card-bg

Fixed Interest

Coupon Basis

card-bg

NaN%

Current Yield

YOUR EARNING
gray-flag icon
Your Investment

green-flag icon
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
Credit Rating
Low SafetyHigh Safety
AA Stable
IND
AA Stable
CRISIL
Senior

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Secured

Security with Collateral?

An investment secured with collateral helps

ISSUER
logo
Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is a leading full service broker offering a wide spectrum of financial services, including retail and institutional broking, investment banking, asset management, private equity, wealth management, and housing finance. Motilal Oswal Financial Services Limited brings over 37 years of industry experience since its inception in 1987 and it is regulated by SEBI, BSE, NSE and others. MOFSL maintains a strategic presence across India with offices in 22 states, in addition to an international representative office.

The ratio in FY24 is 2.92x and it was 3.76x in FY23, indicating increased debt levels because Distribution assets under management (AUM) grew by 42% YoY, as of June 30, 2024, while distribution net sales grew to ₹1,449 crore. The company's cash market share also increased by 186 basis points on year, reaching 8% in Q1 FY25.

Info icon

Debt/EBITDA

The ratio in FY24 is 5.06x and it was 4.34x in FY23, indicating increase in debt servicing ability of the issuer due to profit after tax (PAT) saw an increase of 69%, reaching ₹177 crore. Total assets under advice surged by 105% over the same period in the previous fiscal to ₹2,65,113 crore.

Info icon

Interest coverage ratio

Recent News
News Thumbnail
Motilal Oswal Financial Services announces ₹1,000 crore public NCD issue, issue opens on April 23

Apr 22, 2024 | Motilal Oswal Financial Services Limited

News Thumbnail
Motilal Oswal edges higher on bonus share issue proposal

Apr 22, 2024 | Motilal Oswal Financial Services Limited

News Thumbnail
Motilal Oswal Financial Services Q1 Results | Net profit, revenue shoot up; AUM surges 70%

Sep 17, 2024 | Motilal Oswal Financial Services Limited

Related Videos
Video ThumbnailPlay Button
What are Bonds?

From Basics to Brilliance: Unravelling the Concept of Bonds

Video ThumbnailPlay Button
Lifecycle of a Bond

The journey through the various stages that define the lifespan of a bond.

STEPS TO BUY THIS BOND
Complete KYCe-KYC approval in just 5 minutes!Place your OrderSwipe right to buy this Bond.Transfer funds to ICCLUse Net Banking or visit your nearest branch.SettlementSit back and relax, while we deliver your Security!
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
At MaturityThe Issuer will return your principal and redeem the bond
Sell your bond anytimeYou can sell your bond anytime you want by reaching out to your Relationship Manager.
E-Book
To know more about the Bond and the issuer, download the Information Memorandum.
E-Book
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
₹NaN
Clean Price
%
Yield (YTM)
Header BG
Principal Amount
Accrued Interest from

Enter no. of bonds you want to buy

BOND VALUE DETAILS

Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
Cashflow for INE338I07164
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
8.97% Motilal Oswal Financial Services Limited 09 May 2029
Credit Rating
AA Stable by IND
AA Stable by CRISIL
Coupon Frequency
Monthly
Face Value
₹1,000
Coupon
8.970000%
YTM or YTC
YTM
Maturity Date
09/05/2029
Security
Senior Secured
No. of Bonds
1
Settlement Date
Principal Amount
₹NaN
Accrued Interest
₹NaN
Stamp Duty
₹0
Total Amount Payable
₹NaN
Price
₹NaN
Yield
%
YearPayment DateAmountPayout Type

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.

Still looking for assistance?