16% Light Microfinance Private Limited - BBB Rated (INE366T08012)

Light Microfinance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE366T08012, with a face value of ₹10,00,000 rs on 31Mar21 to raise 10 crores. The debt instrument is issued with a coupon rate of 16% 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 Unsecured Debenture is 16% UNSECURED RATED UNLISTED TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/06/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BBB rating to this Debenture on 08Apr21. This issuer is formerly known as K.K. FINBUILDS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.