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Instrument Details

ISIN: INE125T08053

Face value

₹33,238

Coupon rate

0%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

0.5849888

Instrument Type

Debenture

Returns

Low

Date of Issue

28 Jun 2021

Maturity Date

28 Jun 2040

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Fully Convertible

About this Bond

VARTHANA FINANCE PRIVATE LIMITED SR C1 0.0001 CCD 28JU40 FVRS33238
Varthana Finance Private Limited, a Healthcare company, has floated Debenture, having ISIN value as INE125T08053, with a face value of ₹33,238 rs on 28Jun21 to raise 0.5849888 crores. The debt instrument is issued with a coupon rate of 0% 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 Unsecured Debenture is 0.0001% UNSEUCRED COMPULSORILY CONVERTIBLE DEBENTURES.SERIES C1.DATE OF CONVERSION 28/06/2040. This instrument is issued in Private Placement (non-EBP) 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.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Healthcare
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE125T08053 issued by Varthana Finance Private Limited

The instrument name of INE125T08053 ISIN is VARTHANA FINANCE PRIVATE LIMITED SR C1 0.0001 CCD 28JU40 FVRS33238.
The interest earned from the INE125T08053 bond issued by Varthana Finance Private Limited is paid at the time of maturity
This INE125T08053 bond issued by Varthana Finance Private Limited does not currently have an assigned credit rating
The coupon rate of INE125T08053 bond issued by Varthana Finance Private Limited is 0%.
The INE125T08053 Debenture is issued by Varthana Finance Private Limited, a Private Sector company.
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