0% Neotrex Steel Private Limited (INE0IYO08068)

Neotrex Steel Private Limited, a Iron & Steel company, has floated Debenture, having ISIN value as INE0IYO08068, with a face value of ₹10 rs on 31Mar22 to raise 15 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 Unsecured Debenture is ZERO COUPON UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE.SERIES 2022B.DATE OF CONVERSION 30/03/2032. This instrument is issued in Rights Issue mode. It has Simple coupon type with Not Applicable 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.