Hdfc Credila Financial Services Limited - AA Rated (INE539K08138)

Hdfc Credila Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE539K08138, with a face value of ₹10,00,000 rs on 17Jun15 to raise 50 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) and its interest is paid 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 Unsecured Debenture is RESET RATE UNSECURED SUBORDINATED REDEEMABLE NON-CONVERTIBLE PERPETUAL DEBT INSTRUMENTS IN THE NATURE OF DEBENTURES. 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 24Jun15. CARE Ratings Limited has given AA- rating to this Debenture on 17Jun15. This issuer is formerly known as HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED, CREDILA FINANCIAL SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.