11.15% Ikf Home Finance Limited (INE02VP07016)

Ikf Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE02VP07016, with a face value of ₹10,00,000 rs on 12Jun20 to raise 20 crores. The debt instrument is issued with a coupon rate of 11.15% and its interest is paid Semi Annually. 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 11.15% SECURED, RATED LISTED FULLY PAID UP SENIOR REDEEMABLE, TAXABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 12/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 30Jun20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 12Jun20. This issuer is formerly known as IKF HOME FINANCE PRIVATE LIMITED, IKF HOUSING FINANCE PRIVATE LIMITED, IKF FINANCIAL SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.