14% Wheelsemi Private Limited (INE367Y07079)

Wheelsemi Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE367Y07079, with a face value of ₹10,00,000 rs on 07Jun21 to raise 9 crores. The debt instrument is issued with a coupon rate of 14% 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 14% SECURED UNLISTED UNRATED UNSUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 07/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as VARADNARAYAN SAVINGS AND INVESTMENT COMPANY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.