11% Dhani Loans And Services Limited - AA Rated (INE614X07365)

Dhani Loans And Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE614X07365, with a face value of ₹1,000 rs on 02Feb22 to raise 11.3954 crores. The debt instrument is issued with a coupon rate of 11% and its interest is paid 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 11% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES V. DATE OF MATURITY 31/01/2025. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 04Feb22. Infomerics Valuation and Rating Pvt. Ltd has given AA rating to this Debenture on 16Dec21. 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.