12.39% Svasti Microfinance Private Limited - BBB Rated (INE513Q07124)

Svasti Microfinance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE513Q07124, with a face value of ₹1,00,000 rs on 17Dec20 to raise 22.5 crores. The debt instrument is issued with a coupon rate of 12.39% 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 12.39% SECURED UNLISTED RATED SENIOR TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 13/12/2025.. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB rating to this Debenture on 21Dec23. This issuer is formerly known as SVASTI MICROFINANCE LIMITED, EASY HOUSING AND FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.