10% Cashpor Micro Credit - A Rated (INE094P07051)

Cashpor Micro Credit, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE094P07051, with a face value of ₹10,00,000 rs on 29Jun22 to raise 39 crores. The debt instrument is issued with a coupon rate of 10% and its interest is paid Quarterly. 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 10% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 29/12/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given A rating to this Debenture on 11Jul22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.