Deepak Fasteners Limited (INE148L07039)

Deepak Fasteners Limited, a Engineering & Construction products company, has floated Debenture, having ISIN value as INE148L07039, with a face value of ₹1,00,000 rs on 31May22 to raise 146.25 crores. The debt instrument is issued with a coupon rate of VARIBALE - 9% PER ANNUM PAYABLE AT MONTHLY REST AT THE END OF EACH MONTH FOR THE FIRST 12MONTHS. 21.75% PER ANNUAM PAYABLE MONTHLY REST AT THE END OF EACH MONTHS 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 REST RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES TRANCHE 2. DATE OF MATURITY 31/05/2027.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as DEEPAK FASTNERS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.