Incred Financial Services Limited
, a Finance company, has floated Debenture,
having ISIN value as INE945W07381, with a face value of ₹1,000 rs on 18Feb22 to raise 52.1273 crores. The debt instrument
is issued with a coupon rate of 0% and its interest is paid
Never. 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 SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES.SERIES 1.DATE OF MATURITY 19/02/2023. This instrument is issued in Public Issue mode. It has Compounding coupon type
with Full Redemption option. The Debenture is listed on NSE stock
exchange on 22Feb22. CRISIL RATINGS LIMITED has given A+ rating to
this Debenture on 13Jan22. This issuer is formerly known as KKR INDIA FINANCIAL SERVICES PRIVATE LIMITED, MULTIFLOW FINANCIAL SERVICES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.