Aye Finance Private Limited - AA Rated (INE501X07240)

Aye Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE501X07240, with a face value of ₹10,00,000 rs on 02Sep21 to raise 50 crores. The debt instrument is issued with a coupon rate of GSEC 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 GSEC LINKED SECURED RATED LISTED MARKET LINKED NON CONVERTIBLE DEBENTURES.LETER OF ALLOTMENT.DATE OF MATURITY 07/09/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 08Sep21. ICRA LIMITED has given PP-MLD AA (CE) rating to this Debenture on 25Aug21. 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.