Puranik Builders Limited (INE842O07353)

Puranik Builders Limited, a Utilities company, has floated Debenture, having ISIN value as INE842O07353, with a face value of ₹1,00,00,000 rs on 06Oct20 to raise 2 crores. The debt instrument is issued with a coupon rate of RESET RATE 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 UNLISTED UNRATED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. DATE OF MATURITY 31/07/2025.. This instrument is issued in Private Placement mode. It has Simple 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 PURANIK BUILDERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.