13.99% Annapurna Finance Private Limited - A Rated (INE515Q08051)

Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q08051, with a face value of ₹10,000 rs on 24Mar17 to raise 34 crores. The debt instrument is issued with a coupon rate of 13.99% and its interest is paid Monthly. 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 Unsecured Debenture is 13.99% UNSECURED RATED SUBORDINATED REDEEMABLE TAXABLE NON-CONVERTIBLE DEBENTURES. SERIES 1-34000. DATE OF MATURITY 15/05/2023. 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 03Apr17. ICRA LIMITED has given A- rating to this Debenture on 20Jul23. 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.