Five-star Business Finance Limited - AA Rated (INE128S07499)

Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07499, with a face value of ₹1,00,000 rs on 03Sep20 to raise 25 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS and its interest is paid on Maturity. 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 YEAR G-SEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES I FY 2023. DATE OF MATURITY 22/02/2023. 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 21Sep20. ICRA LIMITED has given PP-MLD AA- rating to this Debenture on 01Mar23. This issuer is formerly known as FIVE-STAR BUSINESS CREDITS LIMITED, FIVE-STAR BUSINESS CREDITS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.