Poonawalla Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE511C08829, with a face value of ₹10,00,000 rs on 17Jan13 to raise 10 crores. The debt instrument is issued with a coupon rate of 11% and its interest is paid 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 Debenture is 11% UNSECURED REDEEMABLE NON-CONVERTIBLE SUBORDINATED DEBT IN THE NATURE OF DEBENTURES. DATE OF MATURITY 17/01/2023. 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 31Jan13. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 17Jan13. This issuer is formerly known as MAGMA FINCORP LIMITED, MAGMA SHRACHI FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.