Ambit Finvest Private Limited - AA Rated (INE985V07025)

Ambit Finvest Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE985V07025, with a face value of ₹1,00,000 rs on 26Mar21 to raise 50 crores. The debt instrument is issued with a coupon rate of S&P BSE SENSEX 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 S&P BSE SENSEX INDEX LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 23/06/2023. 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 05Apr21. Acuite Ratings And Research Limited has given PP-MLD AA- rating to this Debenture on 20Mar21. This issuer is formerly known as AMBIT RETAIL FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.