Poonawalla Fincorp Limited (formerly Magma Fincorp Limited) - INE511C08AE1

Microfinance

corporate

Coupon Rate
10.40%
Maturity Date
24 Jan 2027
ISIN
INE511C08AE1copy
Face Value
₹10,00,000
About Issue
This AAA rated bond from Poonawalla Fincorp Limited (formerly Magma Fincorp Limited), a corporate, offers a Fixed coupon of 10.4% with maturity on 24 January 2027. Issued through the Private placement as under ISIN INE511C08AE1, 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
24 Jan 2017
Remaining Tenure
18M
Security Name
POONAWALLA FINCORP LIMITED 10.4 NCD 24JN27 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
25 Mar 2025
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