11.86% Varthana Finance Private Limited - BBB Rated (INE125T07162)

Varthana Finance Private Limited, a Healthcare company, has floated Debenture, having ISIN value as INE125T07162, with a face value of ₹1,00,000 rs on 05Aug19 to raise 25 crores. The debt instrument is issued with a coupon rate of 11.86% and its interest is paid Quarterly. 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 11.86% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES N-201920. DATE OF MATURITY 06/02/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB rating to this Debenture on 10Dec21. 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.