Sindhuja Microcredit Private Limited - BBB Rated (INE0FWI07013)

Sindhuja Microcredit Private Limited, has floated Debenture, having ISIN value as INE0FWI07013, with a face value of ₹10,00,000 rs on 31Mar21 to raise 20 crores. The debt instrument is issued with a coupon rate of RESET RATE and its interest is paid Monthly. 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 RESET RATE SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 29/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given BBB rating to this Debenture on 22Mar21. This issuer is formerly known as SINDHUJA FINTECH PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.