Vistaar Financial Services Private Limited - A Rated (INE016P07187)

Vistaar Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE016P07187, with a face value of ₹10,00,000 rs on 30Mar22 to raise 35 crores. The debt instrument is issued with a coupon rate of 3 MONTH TBILL LINKED and its interest is paid Monthly. 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 3 MONTH TBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/03/2026.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 01Apr22. INDIA RATING AND RESEARCH PVT. LTD has given A rating to this Debenture on 23Mar22. This issuer is formerly known as VISTAAR LIVELIHOOD FINANCIAL SERVICES PVT LTD, AUTOINVEST LEASING & FINANCE (INDIA) PVT LTD, FARRY INVESTMENT & TRADING PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.