7.70% G R Infraprojects Limited - AA Rated (INE201P08175)

G R Infraprojects Limited, a Engineering, Designing & Construction company, has floated Debenture, having ISIN value as INE201P08175, with a face value of ₹10,00,000 rs on 20Jan22 to raise 100 crores. The debt instrument is issued with a coupon rate of 7.70% 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 7.7% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 20/01/2032. 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 21Jan22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 11Jan22. 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.