Radius & Deserve Land Developers Private Limited - D Rated (INE584T07095)

Radius & Deserve Land Developers Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE584T07095, with a face value of ₹10,00,000 rs on 18Sep15 to raise 200 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A AND B. DATE OF MATURITY 17/09/2019. 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. Infomerics Valuation and Rating Pvt. Ltd has given D rating to this Debenture on 25Feb20. This issuer is formerly known as DESERVE LAND DEVELOPERS PRIVATE LIMITED, AMI VARSHA LAND DEVELOPERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.