Svasti Microfinance Private Limited - BBB Rated (INE513Q07132)

Svasti Microfinance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE513Q07132, with a face value of ₹10,00,000 rs on 30Sep21 to raise 15 crores. The debt instrument is issued with a coupon rate of BSE SENSEX 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 BSE SENSEX LINKED SECURED UNLISTED RATED SENIOR PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/10/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given PP-MLD BBB rating to this Debenture on 30Sep21. This issuer is formerly known as SVASTI MICROFINANCE LIMITED, EASY HOUSING AND FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.