13% Loantap Credit Products Private Limited - BBB Rated (INE0B4P07014)

Loantap Credit Products Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0B4P07014, 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 13% 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 13% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 30/09/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BBB- rating to this Debenture on 12Mar21. This issuer is formerly known as LOTUS SREE FILCO PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.