8.20% Prism Johnson Limited - A Rated (INE010A08131)

Prism Johnson Limited, a Industrial company, has floated Debenture, having ISIN value as INE010A08131, with a face value of ₹10,00,000 rs on 26Aug21 to raise 95 crores. The debt instrument is issued with a coupon rate of 8.20% 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 8.20% UNSECURED RATED LISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE XVIII. DATE OF MATURITY 26/08/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Sep21. INDIA RATING AND RESEARCH PVT. LTD has given A+ rating to this Debenture on 17Aug21. This issuer is formerly known as PRISM CEMENT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.