14% Paranjape Schemes (construction) Ltd - D Rated (INE694I07061)

Paranjape Schemes (construction) Ltd, a Basic Materials company, has floated Debenture, having ISIN value as INE694I07061, with a face value of ₹10,00,000 rs on 02Sep16 to raise 35.1 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Annually. 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 14% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES D. DATE OF MATURITY 31/10/2019. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 15Sep16. CARE Ratings Limited has given D rating to this Debenture on 02Sep16. This issuer is formerly known as PARANJAPE SCHEMES (CONSTRUC) P. LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.