0% Essel Infraprojects Limited - D Rated (INE498F07071)

Essel Infraprojects Limited, a Utilities company, has floated Debenture, having ISIN value as INE498F07071, with a face value of ₹1,00,00,000 rs on 24Jun15 to raise 225 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES EIL-TEM2. DATE OF MATURITY 22/05/2020. 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. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D(CE) rating to this Debenture on 15Jun16. This issuer is formerly known as PAN INDIA PARYATAN LIMITED, ESSEL'S AMUSEMENT PARKS (INDIA) LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.