7.65% Jamnagar Utilities & Power Private Limited - AAA Rated (INE936D07141)

Jamnagar Utilities & Power Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE936D07141, with a face value of ₹10,00,000 rs on 29Aug17 to raise 275 crores. The debt instrument is issued with a coupon rate of 7.65% 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 7.65% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES PPD 5 SERIES VII. LETTER OF ALLOTMENT. DATE OF MATURITY 29/12/2022. 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 11Sep17. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 23Aug17. This issuer is formerly known as RELIANCE UTILITIES AND POWER PRIVATE LIMITED, RELIANCE UTILITIES AND POWER LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.