11.81% Annapurna Finance Private Limited - A Rated (INE515Q07384)

Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q07384, with a face value of ₹3,33,330 rs on 30Aug17 to raise 32.5 crores. The debt instrument is issued with a coupon rate of 11.81% 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 Secured Debenture is 11.81% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1-325. DATE OF MATURITY 30/08/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A- rating to this Debenture on 28Sep23. This issuer is formerly known as ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.