11.42% Asa International India Microfinance Limited - A Rated (INE746T07165)

Asa International India Microfinance Limited, a Finance company, has floated Debenture, having ISIN value as INE746T07165, with a face value of ₹10,00,000 rs on 30Mar21 to raise 40 crores. The debt instrument is issued with a coupon rate of 11.42% 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 Secured Debenture is 11.42% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/03/2025. 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-(CE) rating to this Debenture on 30Mar21. This issuer is formerly known as ASA INTERNATIONAL INDIA MICROFINANCE PRIVATE LIMITED, DILKUSHA HIRE PURCHASE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.