Housing Development And Infrastructure Ltd. (INE191I07290)

Housing Development And Infrastructure Ltd., a Utilities company, has floated Debenture, having ISIN value as INE191I07290, with a face value of ₹10,00,000 rs on 31Aug13 to raise 227 crores. The debt instrument is issued with a coupon rate of 13.25% p.a and its interest is paid Monthly. 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 13.25% SECURED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 01/08/2020. 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. This issuer is formerly known as HOUSING DEV & IMPROVEMENT I. P. LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.