13% Up Money Limited (INE01V207125)

Up Money Limited, a Finance company, has floated Debenture, having ISIN value as INE01V207125, with a face value of ₹1,000 rs on 09Feb21 to raise 0.5925 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Monthly. 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% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 7. DATE OF MATURITY 08/02/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as SUKHJIT FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.