Ruptech Educational India - BBB Rated (INE0I4407010)

Ruptech Educational India, has floated Debenture, having ISIN value as INE0I4407010, with a face value of ₹10,00,000 rs on 03Sep21 to raise 19.5 crores. The debt instrument is issued with a coupon rate of SBI PLR LINKED 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 SBI PLR LINKED SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES I.DATE OF MATURITY 03/09/2029. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given BBB- rating to this Debenture on 25Aug21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.