Abans Finance Private Limited - BBB Rated (INE00ZD07413)

Abans Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00ZD07413, with a face value of ₹1,00,000 rs on 04Feb21 to raise 0.28341 crores. The debt instrument is issued with a coupon rate of NIFTY50 LINK 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 NIFTY 50 INDEX LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 12. DATE OF MATURITY 27/02/2024. 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 16Mar21. CARE RATINGS LIMITED has given PP-MLD BBB- rating to this Debenture on 04Feb21. This issuer is formerly known as ABANS FINANCE LIMITED, SOFED COMTRADE LIMITED, SOFED COMTRADE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.