New Era Enviro Ventures (mahbubnagar) Private Limited - A Rated (INE388Z07015)

New Era Enviro Ventures (mahbubnagar) Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE388Z07015, with a face value of ₹1,00,000 rs on 28Aug18 to raise 35 crores. The debt instrument is issued with a coupon rate of RESET RATE REFER REMARKS 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 RATED UNLISTED REDEEMABLE NON COVNVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 30/03/2034. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given A+(CE) rating to this Debenture on 28Aug18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.