Iifl Wealth Prime Limited - AA Rated (INE248U07DF5)

Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U07DF5, with a face value of ₹10,00,000 rs on 26Nov21 to raise 705.7 crores. The debt instrument is issued with a coupon rate of G-SEC 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 G-SEC LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES IIFLWPL-7%-28FEB2024. DATE OF MATURITY 28/02/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Nov22. ICRA LIMITED has given PP-MLD AA rating to this Debenture on 08May24. 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.