Goswami Infratech Private Limited - BBB Rated (INE219O07164)

Goswami Infratech Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE219O07164, with a face value of ₹10,00,000 rs on 30Jan20 to raise 505 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED LISTED RATED REDEEMBALE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 30/05/2023. 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 13Feb20. CARE RATINGS LIMITED has given BBB+(CE) rating to this Debenture on 30Jan20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.