Five-star Business Finance Limited - AAA Rated (INE128S07549)

Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07549, with a face value of ₹10,00,000 rs on 16Dec20 to raise 75 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS and its interest is paid Subject to Availability of Funds. 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 G-SEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 16/12/2027.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given PP-MLD AAA rating to this Debenture on 09Feb23. 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.