12% Jaiprakash Associates Limited - D Rated (INE455F07543)

Jaiprakash Associates Limited, a Cement & Cement Products company, has floated Debenture, having ISIN value as INE455F07543, with a face value of ₹10,00,000 rs on 25Jul12 to raise 500 crores. The debt instrument is issued with a coupon rate of 12% 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 12% Secured Non-Convertible Debenture.Letter of Allotment. Series - XX. Date of Maturity 25/07/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 12Mar13. CARE Ratings Limited has given D rating to this Debenture on 25Jul12. 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.