Icl Fincorp Limited
, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE01CY07DJ5, with a face value of ₹1,000 rs on 13Jan20 to raise 2.0035 crores. The debt instrument
is issued with a coupon rate of 13.66% 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 13.66% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IV(CUMULATIVE-GENERAL AND SENIOR CITIZEN). DATE OF MATURITY 13/06/2025. This instrument is issued in Private Placement mode. It has Compounding coupon type
with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as IRINJALAKUDA CREDIT AND LEASING COMPANY, JAWAHAR FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.