Phoenix It Spaces Private Limited (INE08TL07016)

Phoenix It Spaces Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE08TL07016, with a face value of ₹1,00,000 rs on 17Jun19 to raise 81.4 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) and its interest is paid Quarterly. 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 UNRATED UNLISTED CUMULATIVE OPTIONALLY CONVERTIBLE DEBENTURE SERIES A. DATE OF CONVERSION: 30/06/2022. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as PHOENIX SPACES(RAJAHMUNDRY) PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.