13.50% Aye Finance Private Limited - A Rated (INE501X07190)

Aye Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE501X07190, with a face value of ₹3,61,110 rs on 22May20 to raise 9.027775 crores. The debt instrument is issued with a coupon rate of 13.50% 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 13.5% SENIOR, SECURED, LISTED, RATED, TAXABLE, TRANSFERABLE, REDEEMABLE, NON‐CONVERTIBLE DEBENTURES. SERIES 01-250. DATE OF MATURITY: 22/05/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 04Jun20. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 16Mar20. This issuer is formerly known as DODA FINANCE PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.