Abans Finance Private Limited - BBB Rated (INE00ZD07595)

Abans Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00ZD07595, with a face value of ₹10,00,000 rs on 24Jun22 to raise 0.7 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX 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 DEBENTURE. SERIES 29. DATE OF MATURITY 30/11/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 20Oct22. Acuite Ratings And Research Limited has given PP-MLD BBB+ rating to this Debenture on 29Nov21. 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.