13% Aye Finance Private Limited - A Rated (INE501X07125)

Aye Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE501X07125, with a face value of ₹7,50,000 rs on 26Jun19 to raise 35 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Semi 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 13% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 01-350. DATE OF MATURITY 26/06/2025. 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 05Jul19. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 06Nov19. This issuer is formerly known as DODA FINANCE PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.