10.75% Maxvalue Credits And Investments Limited (INE040407111)

Maxvalue Credits And Investments Limited, a Utilities company, has floated Debenture, having ISIN value as INE040407111, with a face value of ₹1,000 rs on 10Dec19 to raise 2.2105 crores. The debt instrument is issued with a coupon rate of 10.75% 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 10.75% SECURED UNRATED, UNLISTED REDEEMABLE, NON CONVERTIBLE DEBENTURES. SERIES - B-4 MONTHLY. DATE OF MATURITY 10/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as MAXVALUE CREDITS AND INVESTMENTS PRIVATE LIMITED, TRISIVA LEASING AND HIRE PURCHASE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.