Five-star Business Finance Limited - AAA Rated (INE128S07556)

Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07556, with a face value of ₹10,00,000 rs on 17Dec20 to raise 100 crores. The debt instrument is issued with a coupon rate of G SEC LINKED 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 Secured Debenture is G-SEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 17/12/2027.. 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 23Dec20. 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.