9.90% Ifci Limited - B Rated (INE039A07801)

Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE039A07801, with a face value of ₹1,000 rs on 01Dec14 to raise 606.1652 crores. The debt instrument is issued with a coupon rate of 9.90% 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 9.90% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES 1. SERIES VI. LETTER OF ALLOTMENT. DATE OF MATURITY 01/12/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Dec14 & on NSE stock exchange on 04Dec14. 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.