Iifl Wealth Prime Limited - AA Rated (INE248U07DA6)

Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U07DA6, with a face value of ₹1,00,000 rs on 11Feb21 to raise 268.58 crores. The debt instrument is issued with a coupon rate of G-SEC LINK 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 LISTED RATED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE MARKET LINKED DEBENTURES. SERIES EC7%2024. DATE OF MATURITY 15/05/2024. 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 07Jun21. ICRA LIMITED has given PP-MLD AA rating to this Debenture on 13Sep24. This issuer is formerly known as IIFL WEALTH FINANCE LIMITED, CHEPHIS CAPITAL MARKETS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.