18% Adarsh Realty And Hotels Private Limited (INE561N07013)

Adarsh Realty And Hotels Private Limited, a Hotels & Resorts company, has floated Debenture, having ISIN value as INE561N07013, with a face value of ₹10,00,000 rs on 01Sep21 to raise 211 crores. The debt instrument is issued with a coupon rate of 18% and its interest is paid Monthly. 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 18% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES B. DATE OF MATURITY 31/12/2024.. This instrument is issued in Private Placement (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. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.