9.74% Aavas Financiers Limited (INE216P08017)

Aavas Financiers Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE216P08017, with a face value of ₹10,00,000 rs on 22Dec17 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.74% 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 9.74% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE DEBENTURES. SERIES 1. LETTER OF ALLOTMENT. DATE OF MATURITY 22/12/2023. 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 05Jan18. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 21Dec20. This issuer is formerly known as AU HOUSING FINANCE LIMITED, AU HOUSING FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.