Sk Finance Limited - A Rated (INE124N07481)

Sk Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE124N07481, with a face value of ₹1,00,000 rs on 28Oct20 to raise 53.9 crores. The debt instrument is issued with a coupon rate of G-SEC LINKED and its interest is paid on Maturity. 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 10 YEAR G- SEC LINKED SECURED LISTED, RATED, SENIOR TRANSFERABLE PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 5240946-5246945.DATE OF MATURITY 30/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 14Nov20. CRISIL RATINGS LIMITED has given PP-MLD A+ r rating to this Debenture on 23Oct20. This issuer is formerly known as ESS KAY FINCORP LIMITED, ESS KAY FINCORP PRIVATE LIMITED, ESS KAY AUTO FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.