8.88% Reliance Home Finance Limited - D Rated (INE217K07AW2)

Reliance Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE217K07AW2, with a face value of ₹5,00,000 rs on 13Oct17 to raise 500 crores. The debt instrument is issued with a coupon rate of 8.88% and its interest is paid Annually. 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 Unsecured Debenture is 8.88% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. RHFL F SERIES B NCD 63 TYPE I. DATE OF MATURITY 11/10/2024. 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 30Oct17. CARE Ratings Limited has given D rating to this Debenture on 13Oct17. This issuer is formerly known as RELIANCE HOME FINANCE PRIVATE LIMITED, RELIANCE HOMES FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.