12.29% Namdev Finvest Private Limited - BBB Rated (INE0IX207015)

Namdev Finvest Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0IX207015, with a face value of ₹10,00,000 rs on 30Sep21 to raise 20 crores. The debt instrument is issued with a coupon rate of 12.29% 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 12.29% UNSECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 30/09/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given BBB+ rating to this Debenture on 26Sep24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.