12.50% Mayfair Housing Private Limited (INE0AP707012)

Mayfair Housing Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE0AP707012, with a face value of ₹10 rs on 30Aug19 to raise 50 crores. The debt instrument is issued with a coupon rate of 12.50% 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 12.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 15/08/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.