9.05% Essel Lucknow Raebareli Toll Roads Limited - D Rated (INE465N07215)

Essel Lucknow Raebareli Toll Roads Limited, a Utilities company, has floated Debenture, having ISIN value as INE465N07215, with a face value of ₹10,00,000 rs on 27Nov15 to raise 27.9 crores. The debt instrument is issued with a coupon rate of 9.05% 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 9.05% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES U. LETTER OF ALLOTMENT. DATE OF MATURITY 31/03/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 14Dec15. INDIA RATING AND RESEARCH PVT. LTD has given D rating to this Debenture on 07Feb20. This issuer is formerly known as ESSEL LUCKNOW RAEBARELI TOLL ROADS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.