13.20% Svasti Microfinance Private Limited - BBB Rated (INE513Q07165)

Svasti Microfinance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE513Q07165, with a face value of ₹10,00,000 rs on 10Jun22 to raise 22 crores. The debt instrument is issued with a coupon rate of 13.20% and its interest is paid 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 13.20% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 07/03/2025. This instrument is issued in Private Placement (EBP) 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 10Jun22. This issuer is formerly known as SVASTI MICROFINANCE LIMITED, EASY HOUSING AND FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.