9.50% Reliance Home Finance Limited - D Rated (INE217K08172)

Reliance Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE217K08172, with a face value of ₹5,00,000 rs on 01Jul15 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.50% 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 9.50% UNSECURED SUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTURES.TIER II SERIES RHFL F SERIES T NCD 19. DATE OF MATURITY 01/07/2025. 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 10Jul15. CARE Ratings Limited has given D rating to this Debenture on 01Jul15. 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.