14.50% Pahal Financial Services Private Limited - BBB Rated (INE514Q07221)

Pahal Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE514Q07221, with a face value of ₹10,00,000 rs on 15Mar21 to raise 15 crores. The debt instrument is issued with a coupon rate of 14.50% 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 14.5% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEDEBENTURES. DATE OF MATURITY 30/03/2023. 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. ICRA LIMITED has given BBB- rating to this Debenture on 08Mar24. This issuer is formerly known as KELKAR LEASING COMPANY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.