11.50% Sadbhav Engineering Limited (INE226H07130)

Sadbhav Engineering Limited, a Engineering, Designing & Construction company, has floated Debenture, having ISIN value as INE226H07130, with a face value of ₹1,00,000 rs on 17Mar21 to raise 24 crores. The debt instrument is issued with a coupon rate of 11.50% 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 11.50% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 17/03/2024.. This instrument is issued in Private Placement mode. It has Simple 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 SADBHAV ENGINEERING PVT. LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.