12.75% Varthana Finance Private Limited (INE125T07055)

Varthana Finance Private Limited, a Healthcare company, has floated Debenture, having ISIN value as INE125T07055, with a face value of ₹10,00,000 rs on 27Apr17 to raise 40 crores. The debt instrument is issued with a coupon rate of 12.75% 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 12.75% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I 2017-18. DATE OF MATURITY 27/04/2023. 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 THIRUMENI FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.