14% Ashiana Landcraft Realty Private Limited - D Rated (INE509P07090)

Ashiana Landcraft Realty Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE509P07090, with a face value of ₹1,000 rs on 27Mar18 to raise 81 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Annually. 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 14% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/03/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Apr18. CARE RATINGS LIMITED has given D rating to this Debenture on 27Mar18. This issuer is formerly known as VIROMA DEVELOPERS PRIVATE LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.