8.75% Reliance Home Finance Limited - D Rated (INE217K08248)

Reliance Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE217K08248, with a face value of ₹5,00,000 rs on 23Nov16 to raise 10 crores. The debt instrument is issued with a coupon rate of 8.75% 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 8.75% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED TIER II DEBENTURE. RHFL F SERIES T NCD 26. DATE OF MATURITY 23/11/2026. 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 08Dec16. CARE Ratings Limited has given D rating to this Debenture on 22Nov16. 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.