13.50% Asa International India Microfinance Limited (INE746T07108)

Asa International India Microfinance Limited, a Finance company, has floated Debenture, having ISIN value as INE746T07108, with a face value of ₹10,00,000 rs on 13Dec19 to raise 14 crores. The debt instrument is issued with a coupon rate of 13.50% and its interest is paid Quarterly. 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 13.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY: 13/01/2023. 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. This debt instrument is Unrated. This issuer is formerly known as ASA INTERNATIONAL INDIA MICROFINANCE PRIVATE LIMITED, DILKUSHA HIRE PURCHASE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.