Hdb Financial Services Limited - AAA Rated (INE756I07DS5)

Hdb Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE756I07DS5, with a face value of ₹10,00,000 rs on 04Aug21 to raise 100 crores. The debt instrument is issued with a coupon rate of NIFTY50 LINKED and its interest is paid on Maturity. 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 NIFTY50 LINKED SECURED RATED LISTED SENIOR PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES.SERIES 2021 A/0(ML)/5. DATE OF MATURITY 04/09/2023. 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 09Aug21. CRISIL RATINGS LIMITED has given PP-MLD AAA rating to this Debenture on 15Jul21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.