9% Ikf Finance Limited (INE859C07147)

Ikf Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE859C07147, with a face value of ₹10,00,000 rs on 06Dec21 to raise 50 crores. The debt instrument is issued with a coupon rate of 9% and its interest is paid Quarterly. 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 9% SECURED LISTED RATED TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. DATE OF MATURITY 06/12/2023. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Dec21. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 06Dec21. This issuer is formerly known as IKF FINANCE & INVESTMENTS LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.