Five-star Business Finance Limited - AA Rated (INE128S07507)

Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07507, with a face value of ₹10,00,000 rs on 30Sep20 to raise 70 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS and its interest is paid Semi 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 RESET RATE SECURED RATED LISTED TRANSFERABLE REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/09/2029. 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 07Oct20. ICRA LIMITED has given AA- rating to this Debenture on 05Jan24. 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.