12.40% Jaiprakash Associates Limited - D Rated (INE455F07170)

Jaiprakash Associates Limited, a Cement & Cement Products company, has floated Debenture, having ISIN value as INE455F07170, with a face value of ₹4,00,000 rs on 04Nov08 to raise 60 crores. The debt instrument is issued with a coupon rate of 12.40% and its interest is paid Quarterly. 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 12.40% Secured Redeemable Non Convertible debentures. Series MM. Letter of allotment. Final date of Redemption : 04.11.2016. 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 D rating to this Debenture on 04Nov08. This issuer is formerly known as JAYPEE CEMENT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.