11.25% Aye Finance Private Limited - A Rated (INE501X08065)

Aye Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE501X08065, with a face value of ₹1,00,000 rs on 29Mar22 to raise 10 crores. The debt instrument is issued with a coupon rate of 11.25% and its interest is paid Quarterly. 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 Unsecured Debenture is 11.25% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/04/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 22Mar22. 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.