Loantap Credit Products Private Limited - BBB Rated (INE0B4P07048)

Loantap Credit Products Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0B4P07048, with a face value of ₹10,00,000 rs on 09Sep21 to raise 10 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. 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 GSEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES.SERIES 2.DATE OF MATURITY 08/12/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 15Sep21. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD BBB- rating to this Debenture on 30Aug21. 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.