15% Rajesh Estates And Nirman Private Limited - D Rated (INE331M07120)

Rajesh Estates And Nirman Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE331M07120, with a face value of ₹10,00,000 rs on 05Jan17 to raise 190 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 REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 05/03/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16Jan17. CRISIL RATINGS LIMITED has given D rating to this Debenture on 01Nov16. This issuer is formerly known as RAJESH ESTATES AND NIRMAN LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.