16% Alliance Infrastructure Projects Private Limited - B Rated (INE168R07380)

Alliance Infrastructure Projects Private Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE168R07380, with a face value of ₹10,00,000 rs on 09Sep16 to raise 145 crores. The debt instrument is issued with a coupon rate of 16% 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 16% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/09/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given B+ rating to this Debenture on 31Aug16. This issuer is formerly known as ALLIANCE HOUSING PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.