14% Parsvnath Realty Ventures Limited (INE067707013)

Parsvnath Realty Ventures Limited, a Utilities company, has floated Debenture, having ISIN value as INE067707013, with a face value of ₹10,00,000 rs on 28Mar19 to raise 110 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid on Maturity. 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 UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 31/05/2023. 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. This debt instrument is Unrated. This issuer is formerly known as PARSVNATH ROYAL ORCHID HOTELS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.