13.25% Sarvagram Fincare Private Limited - BBB Rated (INE0LEQ07020)

Sarvagram Fincare Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0LEQ07020, with a face value of ₹10,00,000 rs on 18Feb22 to raise 15 crores. The debt instrument is issued with a coupon rate of 13.25% 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 13.25% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. TRANCHE II. DATE OF MATURITY 31/12/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given BBB- rating to this Debenture on 31Jan22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.