Iifl Samasta Finance Limited - AA Rated (INE413U07194)

Iifl Samasta Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE413U07194, with a face value of ₹10,00,000 rs on 26Oct21 to raise 100 crores. The debt instrument is issued with a coupon rate of GSEC 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 GSEC LINKED SECURED RATED LISTED REDEEMABLE MARKET LINKED PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 26/12/2022. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Nov21. CRISIL RATINGS LIMITED has given PP-MLD AA-r rating to this Debenture on 23Sep21. This issuer is formerly known as SAMASTA MICROFINANCE LIMITED, COLONAC FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.