9% Mantri Infrastructure Private Limited - D Rated (INE00JW07011)

Mantri Infrastructure Private Limited, a Utilities company, has floated Bond, having ISIN value as INE00JW07011, with a face value of ₹10,00,000 rs on 18Jun18 to raise 250 crores. The debt instrument is issued with a coupon rate of 9% 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 Bond is 9% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND. LETTER OF ALLOTMENT. DATE OF CONVERSION 31/03/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 29Jun18. CARE RATINGS LIMITED has given D rating to this Bond on 18Jun18. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.