Criss Financial Limited - BBB Rated (INE02EP07020)

Criss Financial Limited, a Utilities company, has floated Debenture, having ISIN value as INE02EP07020, with a face value of ₹1,00,000 rs on 15Jun21 to raise 12 crores. The debt instrument is issued with a coupon rate of 10 YR GSEC LINKED and its interest is paid on Maturity. 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 YR GSEC LINKED SECURED LISTED RATED PRINCIPAL PROTECTED MAKRKET LINKED NON CONVERTIBLE DEBENTURE .SERIES 2.DATE OF MATURITY 15/07/2023. 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 22Jun21. ICRA LIMITED has given PP-MLD BBB+ rating to this Debenture on 21Aug23. This issuer is formerly known as CRISS FINANCIAL HOLDINGS LIMITED, KEERTANA FINANCIAL LIMITED, M.G. BROTHERS FINANCIAL LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.