Ikf Finance Limited (INE859C08087)

Ikf Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE859C08087, with a face value of ₹10,00,000 rs on 30Sep21 to raise 15 crores. The debt instrument is issued with a coupon rate of 10 YEAR GSEC 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 Unsecured Debenture is 10 YEAR GSEC LINKED UNSECURED RATED LISTED TAXABLE REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE.SERIES 1.DATE OF MATURITY 30/03/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Oct21. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 30Sep21. 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.