11.20% Annapurna Finance Private Limited - A Rated (INE515Q07525)

Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q07525, with a face value of ₹10,00,000 rs on 12Jul21 to raise 37 crores. The debt instrument is issued with a coupon rate of 11.20% 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 11.2000% SECURED RATED LISTED TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 12/07/2026. 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 16Jul21. CARE RATINGS LIMITED has given A- rating to this Debenture on 12Jul21. 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.