10.75% MIDLAND MICROFIN LIMITED 2026

Information Memorandum (I.M.)
Term Sheet
INE884Q07707
*(Eligible Investors - Individual,NRI,HUF,Corporate,Trust ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
Acuite (SMERA) A- Stable - Click Here

Issuer's Type

NBFC

About Issuer :

Midland Microfin Ltd. plays a pivotal role in leveraging microfinance as a powerful instrument for alleviating poverty and promoting economic empowerment. Our organisation empowers rural women entrepreneurs through tailored financial solutions, fostering business growth and sustainability. We offer a comprehensive array of financial and non-financial services to support their micro-enterprises and enhance their quality of life.

Issuer's Link

https://www.midlandmicrofin.com/

Issuer's Financial Link

https://www.midlandmicrofin.com/corporate-governance/

A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Face Value

1,00,000.00

Coupon Rate

10.7500% (Fix)

Issue Date

02/Jul/2024

Maturity Date

02/Jul/2026

Remaining Period

1y 9m 15d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Monthly

Issue Size (in Crores)

50.00

Max. Available Quantity

50

TDS on Interest

Yes

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Senior Secured

Name of Debenture Trustee

Catalyst Trusteeship Limited

Remarks

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.