Ambit Finvest Private Limited - AA Rated (INE985V07033)

Ambit Finvest Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE985V07033, with a face value of ₹10,00,000 rs on 30Jun21 to raise 30 crores. The debt instrument is issued with a coupon rate of T-BILL LINKED and its interest is paid Monthly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is T-BILL LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/06/2024.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Jul21. Acuite Ratings And Research Limited has given AA- rating to this Debenture on 29Jun21. This issuer is formerly known as AMBIT RETAIL FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.