9.20% Madhya Pradesh Financial Corporation - C Rated (INE348F08043)

Madhya Pradesh Financial Corporation, a Finance company, has floated Bond, having ISIN value as INE348F08043, with a face value of ₹1,00,000 rs on 19Nov14 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.20% 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 Unsecured Bond is 9.20% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF DEBENTURES. SERIES I (2014-15). LETTER OF ALLOTMENT. DATE OF MATURITY 19/11/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 28Nov14. CARE Ratings Limited has given C rating to this Bond on 19Nov14. This issuer is formerly known as MADHYA BHARAT FINANCIAL CORPORATION Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.