16% Renaissance Urban-infra Private Limited (INE326U07016)

Renaissance Urban-infra Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE326U07016, with a face value of ₹1,00,00,000 rs on 29Jun18 to raise 240 crores. The debt instrument is issued with a coupon rate of 16% 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 16% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. LETTER OF ALLOTMENT. DATE OF MATURITY 30/06/2024. This instrument is issued in Private Placement mode. It has Compounding 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 RENAISSANCE INFRA REALTY PVT LTD, PANCHVATI ELECTRICALS PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.