Ramprastha Promoters And Developers Pvt Ltd (INE690I07028)

Ramprastha Promoters And Developers Pvt Ltd, has floated Debenture, having ISIN value as INE690I07028, with a face value of ₹1,00,000 rs on 05Oct20 to raise 70 crores. The debt instrument is issued with a coupon rate of 12% IRR and its interest is paid on Maturity. 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 12% IRR SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY: 30/09/2025.. 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. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.