13% Bafna Motors (mumbai) Private Limited (INE0CHU07016)

Bafna Motors (mumbai) Private Limited, has floated Debenture, having ISIN value as INE0CHU07016, with a face value of ₹50,00,000 rs on 27Feb20 to raise 20 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Annually. 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 13% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY : 27/02/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.