10.50% Annapurna Finance Private Limited - A Rated (INE515Q07418)

Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q07418, with a face value of ₹10,00,000 rs on 29Sep20 to raise 50 crores. The debt instrument is issued with a coupon rate of 10.50% 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 10.50% SECURED RATED LISTED SENIOR TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 29/03/2022. 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 12Oct20. CRISIL RATINGS LIMITED has given A- rating to this Debenture on 24Sep20. 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.