Iifl Samasta Finance Limited - AA Rated (INE413U08028)

Iifl Samasta Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE413U08028, with a face value of ₹1,00,000 rs on 20Jul18 to raise 11 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX 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 Unsecured Debenture is NIFTY 50 INDEX LINKED UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/04/2024. 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 06Aug18. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 18Jul18. 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.