13.24% Margdarshak Financial Services Limited - D Rated (INE189Y07044)

Margdarshak Financial Services Limited, a Finance company, has floated Debenture, having ISIN value as INE189Y07044, with a face value of ₹10,00,000 rs on 08Aug17 to raise 20 crores. The debt instrument is issued with a coupon rate of 13.24% and its interest is paid Semi Annually. 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 13.2356% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1-200. LETTER OF ALLOTMENT. DATE OF MATURITY 08/08/2022. 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 D rating to this Debenture on 24Jul17. This issuer is formerly known as CRONY LEASING AND FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.