11.45% Satin Creditcare Network Limited (INE836B07436)

Satin Creditcare Network Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE836B07436, with a face value of ₹5,00,000 rs on 27Sep19 to raise 30 crores. The debt instrument is issued with a coupon rate of 11.45% 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 11.45% SECURED RATED LISTED NON CONVERTIBLE REDEEMABLE DEBENTURES. DATE OF MATURITY 27/09/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 04Oct19. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 27Sep19. This issuer is formerly known as SATIN LEASING AND FINANCE LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.