13% Annapurna Finance Private Limited - A Rated (INE515Q08101)

Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q08101, with a face value of ₹10,00,000 rs on 24Mar20 to raise 39.6 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Semi 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 Unsecured Debenture is 13% UNSECURED UNLISTED RATED SUBORDINATED REDEEMABLE TAXABLE TRANSFERABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 13/04/2027. 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. CARE RATINGS LIMITED has given A- rating to this Debenture on 23Mar20. 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.