15% Nobility Estates Private Limited (INE793Q07023)

Nobility Estates Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE793Q07023, with a face value of ₹1,00,000 rs on 29Dec16 to raise 210 crores. The debt instrument is issued with a coupon rate of 15% 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 Debenture is 15% SECURED UNLISTED CUMULATIVE REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I IN TRANCHE I AND TRANCHE II. DATE OF MATURITY 28/12/2020. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value 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.