13.75% Bhanix Finance And Investment Limited (INE08X507038)

Bhanix Finance And Investment Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE08X507038, with a face value of ₹5,00,000 rs on 14Feb22 to raise 28 crores. The debt instrument is issued with a coupon rate of 13.75% 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 13.75% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 14/06/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as BHANIX FINANCE AND INVESTMENT PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.