Ashv Finance Limited - BBB Rated (INE411R07087)

Ashv Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE411R07087, with a face value of ₹1,00,000 rs on 29Jun21 to raise 20 crores. The debt instrument is issued with a coupon rate of BSE SENSEX LINKED and its interest is paid on Maturity. 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 SENSEX LINKED SECURED RATED UNLISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 30/09/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD BBB rating to this Debenture on 25Jun21. This issuer is formerly known as JAIN SONS FINLEASE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.