14% Kanakia Spaces Realty Private Limited (INE777I07049)

Kanakia Spaces Realty Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE777I07049, with a face value of ₹1,00,00,000 rs on 13Jan17 to raise 70 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Monthly. 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 14% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 31/12/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as KANAKIA SPACES REALTORS PRIVATE LIMITED, CENTAUR MERCANTILE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.