Jyoti Structures Limited (INE197A07096)

Jyoti Structures Limited, a Utilities company, has floated Debenture, having ISIN value as INE197A07096, with a face value of ₹10,00,000 rs on 22Oct13 to raise 27 crores. The debt instrument is issued with a coupon rate of 7% (YTM 14%) 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 7% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 21/10/2018. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Debenture is listed on BSE stock exchange on 28Oct13. CARE RATINGS LIMITED has given SUSPENDED rating to this Debenture on 19Sep14. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.