12.40% Neogrowth Credit Private Limited (INE814O07279)

Neogrowth Credit Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE814O07279, with a face value of ₹10,00,000 rs on 24Nov20 to raise 32 crores. The debt instrument is issued with a coupon rate of 12.40% and its interest is paid Quarterly. 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 12.40% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES 2020-21/S/NCD/002 . DATE OF MATURITY 24/11/2023. 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. This debt instrument is Unrated. This issuer is formerly known as BPJ CREDIT & INVESTMENTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.