15% Alok Knit Exports Private Limited (INE893R08019)

Alok Knit Exports Private Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE893R08019, with a face value of ₹72,36,200 rs on 11May17 to raise 215 crores. The debt instrument is issued with a coupon rate of 15% 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 Unsecured Debenture is 15% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 11/05/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as ALOK KNIT EXPORTS LIMITED, ALOK KNIT EXPORTS PRIVATE LIMITED, JIWRAJKA TEXTURISER PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.