9.95% Jmc Projects (india) Limited - AA Rated (INE890A07054)

Jmc Projects (india) Limited, a Engineering, Designing & Construction company, has floated Debenture, having ISIN value as INE890A07054, with a face value of ₹10,00,000 rs on 28Aug18 to raise 150 crores. The debt instrument is issued with a coupon rate of 9.95% 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 9.95% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES III. DATE OF MATURITY 28/08/2023.. 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 04Sep18. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 11Apr23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.