Ashiana Housing Limited - A Rated (INE365D08026)

Ashiana Housing Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE365D08026, with a face value of ₹10,00,000 rs on 31May21 to raise 97 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) 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 RESET RATE UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 31/05/2041. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 04Jun21. CARE RATINGS LIMITED has given A rating to this Debenture on 01Jun21. This issuer is formerly known as ASHIANA HOUSING & FINANCE (INDIA) Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.