11.86% Pahal Financial Services Private Limited - BBB Rated (INE514Q07270)

Pahal Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE514Q07270, with a face value of ₹10,00,000 rs on 10Jun22 to raise 60 crores. The debt instrument is issued with a coupon rate of 11.86% 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 11.8647% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 10/06/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 15Jun22. INDIA RATING AND RESEARCH PVT. LTD has given BBB- rating to this Debenture on 25May22. 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.