9.35% Aptus Value Housing Finance India Limited - AA Rated (INE852O07022)

Aptus Value Housing Finance India Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE852O07022, with a face value of ₹100 rs on 08Feb17 to raise 33.2 crores. The debt instrument is issued with a coupon rate of 9.35% 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 Secured Debenture is 9.35% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1-3320000. 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 16Feb17. CARE Ratings Limited has given AA- rating to this Debenture on 01Jan70. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.