9.40% Ifci Limited - B Rated (INE039A07843)

Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE039A07843, with a face value of ₹1,000 rs on 13Feb15 to raise 302.8145 crores. The debt instrument is issued with a coupon rate of 9.40% 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 9.40% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.TRANCHE II SERIES III. DATE OF MATURITY 13/02/2025. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 18Feb15 & on BSE stock exchange on 18Feb15. ICRA LIMITED has given B+ rating to this Debenture on 29May23. This issuer is formerly known as THE INDUSTRIAL FINANCE CORPORATION OF INDIA LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.