12.50% Aye Finance Private Limited - A Rated (INE501X07166)

Aye Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE501X07166, with a face value of ₹10,00,000 rs on 08Nov19 to raise 41.4 crores. The debt instrument is issued with a coupon rate of 12.50% 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 12.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 08/11/2024.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 16Mar20. 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.