MVL-18%-31-8-27-PVTMVL-18%-31-8-27-PVTMVL-18%-31-8-27-PVT

MVL-18%-31-8-27-PVT

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Key terms


Outstanding amount
‪1.50 B‬INR
Face value
100,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
18.00% (Fixed)
Coupon frequency
Monthly
Yield to maturity
Maturity date
Aug 31, 2027
Term to maturity
2 years

About MVL-18%-31-8-27-PVT


Sector
Process Industries
Industry
Pulp & Paper
Issue date
Mar 11, 2024
ISIN
INE387I07013
FIGI
BBG01LSJ5004
Magnum Ventures Ltd. engages in hospitality and paper manufacturing. It operates through Paper Division and Hotel Division segments. The Paper Division segment is involved in the manufacturing of Grey Board, Newsprint, Duplex Board, N.S. Paper and Board, and Kraft Paper and Board. The Hotel Division segment owns a hotel unit in the name of Country Inn and Suites by Radisson, Sahibabad. The company was founded by Salek Chand Jain on May 29, 1980 and is headquartered in Ghaziabad, India.
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