9.13% Incred Financial Services Limited - A Rated (INE945W07407)

Incred Financial Services Limited, a Finance company, has floated Debenture, having ISIN value as INE945W07407, with a face value of ₹1,000 rs on 18Feb22 to raise 10.7672 crores. The debt instrument is issued with a coupon rate of 9.13% and its interest is paid 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 9.13% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES.SERIES 3.DATE OF MATURITY 18/02/2024. This instrument is issued in Public Issue mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 22Feb22. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 13Jan22. This issuer is formerly known as KKR INDIA FINANCIAL SERVICES PRIVATE LIMITED, MULTIFLOW FINANCIAL SERVICES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.