Ind-barath Thermotek Private Limited - D Rated (INE408S07016)

Ind-barath Thermotek Private Limited, a Energy company, has floated Debenture, having ISIN value as INE408S07016, with a face value of ₹10,00,000 rs on 29Jul15 to raise 699 crores. The debt instrument is issued with a coupon rate of RESET RATE(REFER REMARKS) 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 RESET RATE SECURED REDEEMABLE NOT GUARANTEED SENIOR NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 29/07/2025. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 14Aug15. CARE Ratings Limited has given D rating to this Debenture on 29Jul15. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.