9.95% Edelweiss Retail Finance Limited - A Rated (INE528S08027)

Edelweiss Retail Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE528S08027, with a face value of ₹10,00,000 rs on 10Oct16 to raise 12 crores. The debt instrument is issued with a coupon rate of 9.95% 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 Unsecured Debenture is 9.95% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 09/10/2026. 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 04Nov16. CARE Ratings Limited has given A rating to this Debenture on 10Oct16. This issuer is formerly known as AFFLUENT DEALCOM LTD, AFFLUENT DEALCOM PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.