15% Gcorp Spaces Private Limited (INE518Q07016)

Gcorp Spaces Private Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE518Q07016, with a face value of ₹10,00,000 rs on 11Apr14 to raise 75 crores. The debt instrument is issued with a coupon rate of 15% 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 Secured Debenture is 15% SECURED NON CONVERTIBLE DEBENTURES. SERIES 1. LETTER OF ALLOTMENT. DATE OF MATURITY 11/04/2022. 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 28Apr14. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given WITHDRAWN rating to this Debenture on 03Apr14. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.