Indostar Capital Finance Limited - AA Rated (INE896L07785)

Indostar Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE896L07785, with a face value of ₹10,00,000 rs on 25Aug21 to raise 100 crores. The debt instrument is issued with a coupon rate of 10YR 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 10YR GSEC LINKED SECURED RATED LISTED MARKET LINKED PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURE. SERIES XLV .DATE OF MATURITY 23/02/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 25Jan24. This issuer is formerly known as INDOSTAR CAPITAL FINANCE PRIVATE LIMITED, R V VYAPAAR PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.