6.70% G R Infraprojects Limited - AA Rated (INE201P08167)

G R Infraprojects Limited, a Engineering, Designing & Construction company, has floated Debenture, having ISIN value as INE201P08167, with a face value of ₹10,00,000 rs on 07Oct21 to raise 75 crores. The debt instrument is issued with a coupon rate of 6.70% 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 Unsecured Debenture is 6.70% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES B.DATE OF MATURITY 27/12/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Oct21. CARE RATINGS LIMITED has given AA+ rating to this Debenture on 07Oct21. This issuer is formerly known as G. R. AGARWAL BUILDERS & DEVELOPERS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.