Finquest Financial Solutions Private Limited - B Rated (INE712W08029)

Finquest Financial Solutions Private Limited, a Finance company, has floated Debenture, having ISIN value as INE712W08029, with a face value of ₹1,00,00,000 rs on 26Sep19 to raise 400 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 26/09/2029. 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 14Oct19. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given B- rating to this Debenture on 28Aug19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.