14.20% Jana Small Finance Bank Limited - BBB Rated (INE953L08055)

Jana Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE953L08055, with a face value of ₹10,00,000 rs on 21Mar16 to raise 80 crores. The debt instrument is issued with a coupon rate of 14.20% 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 Unsecured Debenture is 14.2% UNSECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES 028. DATE OF MATURITY 19/05/2023. 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 30Mar16. ICRA LIMITED has given BBB+ rating to this Debenture on 07Sep23. This issuer is formerly known as JANALAKSHMI FINANCIAL SERVICES LIMITED, JANALAKSHMI FINANCIAL SERVICES PRIVATE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.