12.50% Krazybee Services Private Limited - BBB Rated (INE07HK07247)

Krazybee Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE07HK07247, with a face value of ₹1,00,000 rs on 23Dec21 to raise 19 crores. The debt instrument is issued with a coupon rate of 12.50% and its interest is paid Monthly. 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 12.50% SECURED RATED UNLISTED NON CONVERTIBLE DENBENTURE.CLASS E11.DATE OF MATURITY 22/06/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given BBB+ rating to this Debenture on 13Dec21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.