11.65% Gwalior Bypass Project Limited (INE286L07037)

Gwalior Bypass Project Limited, a Utilities company, has floated Debenture, having ISIN value as INE286L07037, with a face value of ₹1,00,000 rs on 31Dec14 to raise 46.2 crores. The debt instrument is issued with a coupon rate of 11.65% and its interest is paid Semi 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 11.65% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C TRANCHE 1. DATE OF MATURITY 31/05/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 27Dec19. This issuer is formerly known as GWALIOR BYPASS PROJECT PVT. LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.