9.82% Annapurna Finance Private Limited - A Rated (INE515Q07491)

Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q07491, with a face value of ₹9,10,000 rs on 30Mar21 to raise 60 crores. The debt instrument is issued with a coupon rate of 9.82% and its interest is paid Monthly. 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 9.82% SECURED RATED UNLISTED TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/03/2025. 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. CARE RATINGS LIMITED has given A(CE) rating to this Debenture on 30Mar21. This issuer is formerly known as ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.