Ostro Energy Private Limited - A Rated (INE878T07018)

Ostro Energy Private Limited, a Energy company, has floated Debenture, having ISIN value as INE878T07018, with a face value of ₹1,00,00,000 rs on 27Sep19 to raise 200 crores. The debt instrument is issued with a coupon rate of LINKED TO REFERENCE RATE OF BOND HOLDER i.e PFSRR 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 BASE RATE SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 26/10/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given A+ rating to this Debenture on 01Jan70. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.