Iifl Wealth Prime Limited - AA Rated (INE248U07DJ7)

Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U07DJ7, with a face value of ₹10,00,000 rs on 07Jun22 to raise 158.9 crores. The debt instrument is issued with a coupon rate of NIFTY 50 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 NIFTY 50 INDEX LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE. SERIES IIFLWPL INES 04.DATE OF MATURITY 12/09/2024.. 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 21Jun22. 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.