Parsvnath Estate Developers Private Limited - C Rated (INE244P07037)

Parsvnath Estate Developers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE244P07037, with a face value of ₹9,67,270 rs on 29Jun20 to raise 25 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 LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES A. DATE OF MATURITY 31/03/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 13Jul20. Infomerics Valuation and Rating Pvt. Ltd has given C rating to this Debenture on 30May23. This issuer is formerly known as FARHAT DEVELOPERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.