12.85% Arohan Financial Services Limited - A Rated (INE808K08061)

Arohan Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE808K08061, with a face value of ₹10 rs on 25Oct19 to raise 25 crores. The debt instrument is issued with a coupon rate of 12.85% 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 12.85% UNSECURED SUBORDINATED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. DATE OF MATURITY 25/10/2026. 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 04Nov19. CARE RATINGS LIMITED has given A rating to this Debenture on 24Oct19. This issuer is formerly known as AROHAN FINANCIAL SERVICES PRIVATE LIMITED, AROHAN FINANCIAL SERVICES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.