7.90% India Infradebt Limited - AAA Rated (INE537P07398)

India Infradebt Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE537P07398, with a face value of ₹10,00,000 rs on 31Oct17 to raise 450 crores. The debt instrument is issued with a coupon rate of 7.90% 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 7.90% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I OCTOBER 2017. DATE OF MATURITY 31/10/2022. 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 13Nov17. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 26Oct17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.