14% Ganeshvani Merchandise Private Limited (INE717N08019)

Ganeshvani Merchandise Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE717N08019, with a face value of ₹100 rs on 04Aug17 to raise 19.1182 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Quarterly. 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 14% UNSECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 01/05/2037. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.