Vistaar Financial Services Private Limited - A Rated (INE016P07153)

Vistaar Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE016P07153, with a face value of ₹10,00,000 rs on 17Jun20 to raise 10 crores. The debt instrument is issued with a coupon rate of LINKED TO RBI REPO RATE-RBI REPO RATE+7.45% 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 RESET RATE (REPO RATE+SPREAD) SECURED, NOT GUARANTEED, SENIOR, LISTED TAXABLE, NON CUMULATIVE, RATED, REDEEMABLE, NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 21/04/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 07Jul20. ICRA LIMITED has given A rating to this Debenture on 04Aug23. This issuer is formerly known as VISTAAR LIVELIHOOD FINANCIAL SERVICES PVT LTD, AUTOINVEST LEASING & FINANCE (INDIA) PVT LTD, FARRY INVESTMENT & TRADING PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.