Iifl Wealth Prime Limited - AA Rated (INE248U07AX4)

Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U07AX4, with a face value of ₹1,00,000 rs on 12Dec18 to raise 68.1925266 crores. The debt instrument is issued with a coupon rate of NIFTY 50 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 MARKET LINKED NIFTY 50 SECURED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES INES-02. DATE OF MATURITY 11/12/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Jan19. ICRA LIMITED has given PP-MLD AA rating to this Debenture on 20Aug18. This issuer is formerly known as IIFL WEALTH FINANCE LIMITED, CHEPHIS CAPITAL MARKETS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.