13.45% Ashv Finance Limited - BBB Rated (INE411R07103)

Ashv Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE411R07103, with a face value of ₹1,00,000 rs on 12Nov21 to raise 30 crores. The debt instrument is issued with a coupon rate of 13.45% 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 13.45% SECURED RATED UNLISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 25/10/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given BBB- rating to this Debenture on 16Nov21. 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.