12.31% Indian School Finance Company Private Limited - BB Rated (INE471Q07174)

Indian School Finance Company Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE471Q07174, with a face value of ₹10,00,000 rs on 28Sep17 to raise 25.6 crores. The debt instrument is issued with a coupon rate of 12.31% 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 12.31% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEDEBENTURES. SERIES 12.31% ISFCPL 2020. DATE OF MATURITY 31/03/2023.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BB+ rating to this Debenture on 28Jul23. This issuer is formerly known as CORPORATE DEPOSITS AND INVESTMENTS PRIVATE LTD, CORPORATE DEPOSITS AND INVESTMENTS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.