12% Perungudi Real Estates Private Limited - A Rated (INE05CV08114)

Perungudi Real Estates Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE05CV08114, with a face value of ₹100 rs on 18May21 to raise 50 crores. The debt instrument is issued with a coupon rate of 12% 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 Unsecured Debenture is 12% UNSECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. DATE OF MATURITY 18/05/2026. 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. ICRA LIMITED has given A- rating to this Debenture on 21Jan19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.