15% Radiance Realty Developers India Limited (INE01TJ07056)

Radiance Realty Developers India Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE01TJ07056, with a face value of ₹10,00,000 rs on 12Nov21 to raise 16 crores. The debt instrument is issued with a coupon rate of 15% 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 15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIESIV. DATE OF MATURITY 30/09/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 12Nov21. This issuer is formerly known as NAPC PROPERTIES PRIVATE LIMITED, NAPC PROPERTIES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.