0% Adani Properties Private Limited - AA Rated (INE382G07133)

Adani Properties Private Limited, a Trading - Metals company, has floated Debenture, having ISIN value as INE382G07133, with a face value of ₹10,00,000 rs on 19Apr22 to raise 187.5 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED RATED UNLISTED NON CONVERTBLE DEBENTURE.SERIES2.DATE OF MATURITY 19/04/2024. 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. Infomerics Valuation and Rating Pvt. Ltd has given AA(CE) rating to this Debenture on 07Apr23. This issuer is formerly known as ADANI PROPERTIES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.