9.85% Indostar Capital Finance Limited - A Rated (INE896L07710)

Indostar Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE896L07710, with a face value of ₹10,00,000 rs on 21May20 to raise 500 crores. The debt instrument is issued with a coupon rate of 9.85% 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 9.85% SECURED RATED LISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES XXXV. DATE OF MATURITY 21/02/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 01Jun20. CARE RATINGS LIMITED has given A+ rating to this Debenture on 01Jan70. This issuer is formerly known as INDOSTAR CAPITAL FINANCE PRIVATE LIMITED, R V VYAPAAR PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.