Bonds/Debenture Details
ISIN INE774D08ML3      

Issuer Details

Issuer Name: MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD   Issuer Former Name:
Corporate Identity Number(CIN): L65921MH1991PLC059642    
Type of Issuer Based on Ownership: Non PSU   Type of Issuer - Nature: NBFC
Registered Office Address of Issuer: GATEWAY BUILDING, APOLLO BUNDER, MUMBAI 400001   Business Sector: Finance
Name of the Compliance Officer/Company Secretary: MR. DINESH PRAJAPATI    

Instrument details

Instrument Description (Long): 7.95% UNSECURED (CATEGORY I & II) REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES III. LETTER OF ALLOTMENT. DATE OF MATURITY 24/07/2032
Instrument Description(short): MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SR-III 7.95 NCD 24JL32 FVRS1000 LOAUPTO25JL17
ISIN: INE774D08ML3  
Type of Instrument: Debentures   Face Value (per instrument):: 1000
Whether Secured or Unsecured: Unsecured   Coupon Basis: Fixed Interest
Whether Guaranteed or Partially Guaranteed: Not guaranteed   Coupon Rate: 7.95%
      Details of Variable Coupon Rate: N.A.
Seniority in Repayment: Subordinate Tier 2   Day Count Convention: Actual/actual
Whether tax free: No   Mode of Issue: Public Issue
If Tax free - Section of The Income Tax Act,1961:     Issue price (per instrument): 893.2
    Issue Size (in Crores): 1.12
Series (if any): SERIES III CATEGORY I & II   Total Allotment Quantity: 11200
Whether bonds/debentures fall under Infrastructure category as per Government notification: No   Date of Allotment: 24-Jul-2017
    Tenure of the instrument at the time of Issuance:
Year :
15
Months :
0
Days :
0
    Frequency of Interest Payment with specified dates: ANNUAL ON 01 APR STARTING 01-APR-18 TILL 01-APR-32 AND ON 24-JUL-32
Scheduled Opening Date: 10-Jul-2017   Put Option with specified dates:
Scheduled Closing Date: 28-Jul-2017   Call Option with specified dates: SUBJECT TO COMPLIANCE WITH APPLICABLE LAWS CALL OPTION MAY BE EXERCISED BY THE COMPANY AT THE END OF THE 10TH YEAR FROM THE DEEMED DATE OF ALLOTMENT..CONTACT ISSUER FOR FURTHER DETAILS
Actual Closing Date: 14-Jul-2017   Redemption Date/Last Conversion Date: 24-Jul-2032
      Defaulted in Redemption: Not Applicable
     
If guaranteed, provide complete details regarding the Guarantee: N.A.   Redemption Premium Details: N.A.
Step up / Step down coupon basis:   Step up / Step down details: N.A.
Indicate whether Put option will be exercised at Discount/Premium/Par:   Put option details: N.A.
Indicate whether Call option will be exercised at Discount/Premium/Par: Par   Call option details: SUBJECT TO COMPLIANCE WITH APPLICABLE LAWS CALL OPTION MAY BE EXERCISED BY THE COMPANY AT THE END OF THE 10TH YEAR FROM THE DEEMED DATE OF ALLOTMENT..CONTACT ISSUER FOR FURTHER DETAILS
Whether Debentures/Bonds are perpetual in nature: No   Indicate whether the instrument is rated: Yes
Type of Convertibility - A: Non Convertible   Convertibility details: N.A.
Type of Convertibility - B:   Coupon Type: Simple
Compounding Frequency Details: N.A.   If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: N.A.
Credit rating Details
Credit Rating Agency Name Rating Date of Credit Rating Date of Rating Change
INDIA RATING AND RESEARCH PVT. LTD IND AAA 16-Jun-2017 01-Jan-1970
Sr. No. Credit Rating Agency Name Rating Date of Credit Rating Verification Status
1 INDIA RATING AND RESEARCH PVT. LTD IND AAA/Stable 16-Jun-2017 Verified
2 BRICKWORK RATINGS INDIA PRIVATE LIMITED BWR AAA 27-Jun-2017 Verified
Arranger/Lead Manager Details
Arranger Details
Sr. No. Arranger Contact Person Registered Office Address Phone No. Fax Email
Nothing found to display.

Lead Manager Details
Sr. No. Lead Manager Contact Person Registered Office Address Phone No. Fax Email
1 A.K. CAPITAL SERVICES LTD VIKAS S. AGARWAL FLAT NO. N, SAGAR APARTMENTS,
6, TILAK MARG
NEW DELHI
DELHI
110001
011-23730752 011-23385189 vikas.agarwal@akgroup.co.in
2 AXIS BANK LTD.(FORMERLY UTI BANK LTD.) MR.ADVAIT MAJMUDAR TRISHUL,3RD FLOOR,OPP.SAMARTHESHWAR TEMPLE
LAW GARDEN,ELLIS BRIDGE
AHMEDABAD
GUJARAT
380006
079-26409322 079-26409321 advait.majmudar@axisbank.com
3 EDELWEISS FINANCIAL SERVICES LTD B. RENGANATHAN EDELWEISS HOUSE, OFF. C.S.T. ROAD, KALINA
MUMBAI
MUMBAI
MAHARASHTRA
400098
2240635467 mbcomplaince@edelcap.com
4 TRUST INVESTMENT ADVISORS PVT LTD MR. BALKRISHNA A. SHAH 109/110, BALRAMA,
BANDRA KURLA COMPLEX, BANDRA (EAST)
MUMBAI
MAHARASHTRA
400051
022 - 40845000 022 - 40845007 info@trustgroup.co.in
Stock Exchange Details
Sr. No. Name of the Stock Exchange Listed/Unlisted/To be listed Date of listing Annual report Term Sheet
1 BSE Listed 27-Jul-2017 http://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=1373&type=DPI&idtype=2&status=H&IPONo=3447&startdt=7/10/2017
Redemption Details
Type of Redemption Indication of Put/Call for Partial redemption Details of Partial Redemption
Full Redemption N.A. N.A.
Partial Redemption
Sr. No. Partial Redemption Date Face Value Redemption Quantity Redemption Redemption Basis
Nothing found to display.

Partial Redeemed
Redemption Method Partial Redemption Date Value Redeemed Quantity Redemption Redemption Reason
Total 0 0
Nothing found to display.
Net Quantity: 0
Debenture Trustee Details
Sr. No. Name of Debenture Trustee Address Contact Details Website Address
1 Axis Trustee Services Limited Axis Trustee Services Limited, Axis House, Ground Floor,Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai-400025. Mr. Devraj Rao, 022-62260061,62260054/6220050 www.axistrustee.com

Debenture Trustee Default Details
Sr. No. Nature of Issue Issue Size Due Date of Interest Due Date of Redemption Default Details Actual Payment Date and Details
Nothing found to display.
Registrar Details
Registrar Address of Registrar Contact Person Phone No. Fax Email
Karvy Computershare Pvt. Limited Plot No. 17-24, Vittal rao Nagar,Madhapur,Hyderabad500 081 Mr. Amit Verma 040-23420818 040-23420814 amit.verma@karvy.com;phani@karvy.com ; vmahesh@karvy.com