10% Joyville Shapoorji Housing Private Limited - BBB Rated (INE373S08614)

Joyville Shapoorji Housing Private Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE373S08614, with a face value of ₹10,00,000 rs on 13May22 to raise 25.2 crores. The debt instrument is issued with a coupon rate of 10% 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 Unsecured Debenture is 10% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES B.DATE OF MATURITY 17/05/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 20May22. CARE RATINGS LIMITED has given BBB+ rating to this Debenture on 01Jan70. This issuer is formerly known as DRASHTI DEVELOPERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.