Five-star Business Finance Limited - AA Rated (INE128S07523)

Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07523, with a face value of ₹1,00,000 rs on 15Dec20 to raise 20 crores. The debt instrument is issued with a coupon rate of 10YR G SEC LINKED 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 B. DATE OF MATURITY 15/06/2023.. 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 21Dec20. ICRA LIMITED has given PP-MLD AA- rating to this Debenture on 24Jul23. 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.