Incred Financial Services Limited - A Rated (INE945W07332)

Incred Financial Services Limited, a Finance company, has floated Debenture, having ISIN value as INE945W07332, with a face value of ₹10,00,000 rs on 29Jul21 to raise 38.9 crores. The debt instrument is issued with a coupon rate of 10YEAR GSEC 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 10YEAR GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKNED NON-CONVERTIBLE DEBENTURES. IFSL/2021-2022/MLD/07.SERIES II.DATE OF MATURITY 29/08/2023. 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 22Jul22. CRISIL RATINGS LIMITED has given PP-MLD A+ rating to this Debenture on 07Jul21. This issuer is formerly known as KKR INDIA FINANCIAL SERVICES PRIVATE LIMITED, MULTIFLOW FINANCIAL SERVICES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.