Poonawalla Fincorp Limited (formerly Magma Fincorp Limited) - INE511C07797

Microfinance

corporate

Coupon Rate
8.38%
Maturity Date
07 May 2026
ISIN
INE511C07797copy
Face Value
₹1,00,000
About Issue
This AAA rated bond from Poonawalla Fincorp Limited (formerly Magma Fincorp Limited), a corporate, offers a Fixed coupon of 8.38% with maturity on 07 May 2026. Issued through the Private placement as under ISIN INE511C07797, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
CARE AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
07 Feb 2024
Remaining Tenure
9M
Security Name
POONAWALLA FINCORP LIMITED SR K2 8.38 NCD 07MY26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
25 Mar 2025
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