Mantri Metallics Private Limited - B Rated (INE466V07018)

Mantri Metallics Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE466V07018, with a face value of ₹8,50,420 rs on 03Nov16 to raise 45 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMAKRS) 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 RESET RATE SECURED GUARANTEED SENIOR TAXABLE CUMULATIVE RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 02/11/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 15Nov16. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given B- rating to this Debenture on 15Sep16. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.