9% Iifl Wealth Prime Limited - AA Rated (INE248U08135)

Iifl Wealth Prime Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE248U08135, with a face value of ₹10,00,000 rs on 24Apr18 to raise 2.5363725 crores. The debt instrument is issued with a coupon rate of 9% and its interest is paid Monthly. 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 9% UNSECURED RATED UNLISTED REDEEMABLE NON-CONVERTIBLE SUBORDINATED DEBENTURES. SERIES IIFLWF-9%- NCD-SERIES A1-JUL-2023. DATE OF MATURITY 19/07/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given AA rating to this Debenture on 20Sep23. 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.