10.70% Aye Finance Private Limited - A Rated (INE501X07232)

Aye Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE501X07232, with a face value of ₹1,000 rs on 08Dec20 to raise 771.75 crores. The debt instrument is issued with a coupon rate of 10.70% 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 10.70% SECURED UNLISTED RATED SENIOR TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. DATE OF MATURITY 13/05/2024.. 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. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 05Aug20. 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.