12.50% Loantap Credit Products Private Limited - BBB Rated (INE0B4P07063)

Loantap Credit Products Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0B4P07063, with a face value of ₹10,00,000 rs on 29Sep21 to raise 10 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 DEBENTURES.DATE OF MATURITY 29/03/2023. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given 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.