14% Darshita Southern India Happy Homes Private Limited - BB Rated (INE009V07016)

Darshita Southern India Happy Homes Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE009V07016, with a face value of ₹10,00,000 rs on 28Jul16 to raise 9.9 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Semi 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 REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 27/07/2020. 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 03Aug16. CARE Ratings Limited has given BB+ rating to this Debenture on 29Mar19. This issuer is formerly known as DARSHITA HAPPY HOMES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.