Abans Finance Private Limited (INE00ZD07389)

Abans Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00ZD07389, with a face value of ₹1,00,000 rs on 11Sep20 to raise 1.31705 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX 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 NIFTY 50 INDEX LINKED SECURED RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 9. DATE OF MATURITY 26/10/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Debenture is listed on BSE stock exchange on 05Nov20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 11Sep20. This issuer is formerly known as ABANS FINANCE LIMITED, SOFED COMTRADE LIMITED, SOFED COMTRADE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.