13.94% Save Solutions Private Limited - BBB Rated (INE06PM07024)

Save Solutions Private Limited, a Diversified company, has floated Debenture, having ISIN value as INE06PM07024, with a face value of ₹500 rs on 20Dec19 to raise 18.2325 crores. The debt instrument is issued with a coupon rate of 13.94% 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 13.94% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 13/06/2024.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given BBB rating to this Debenture on 20Dec19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.