Gmr Enterprises Private Limited - BB Rated (INE908I07420)

Gmr Enterprises Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE908I07420, with a face value of ₹10,00,000 rs on 06Jul15 to raise 86.25 crores. The debt instrument is issued with a coupon rate of EQUITY LINKED and its interest is paid on Maturity. 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 EQUITY LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED NON-CONVERTIBLE DEBENTURES. SERIES C TRANCHE II. DATE OF MATURITY 30/09/2022.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given PP-MLD BB (CE) rating to this Debenture on 25Feb22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.