12.85% Sindhuja Microcredit Private Limited - BBB Rated (INE0FWI07039)

Sindhuja Microcredit Private Limited, has floated Debenture, having ISIN value as INE0FWI07039, with a face value of ₹10,00,000 rs on 15Mar22 to raise 30 crores. The debt instrument is issued with a coupon rate of 12.85% 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 12.85% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 15/03/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given BBB rating to this Debenture on 10Mar22. This issuer is formerly known as SINDHUJA FINTECH PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.