10.04% Dhani Loans And Services Limited - BB Rated (INE614X07274)

Dhani Loans And Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE614X07274, with a face value of ₹1,000 rs on 06Sep19 to raise 3.7907 crores. The debt instrument is issued with a coupon rate of 10.04% 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 10.04% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES VII CATEGORY I-IV. DATE OF MATURITY: 06/09/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 11Sep19 & on NSE stock exchange on 11Sep19. CARE RATINGS LIMITED has given BB+ rating to this Debenture on 06Sep19. This issuer is formerly known as INDIABULLS CONSUMER FINANCE LIMITED, IVL FINANCE LIMITED, SHIVSHAKTI FINANCIAL SERVICES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.