16% Sare Gurugram Private Limited - D Rated (INE564O07023)

Sare Gurugram Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE564O07023, with a face value of ₹1,00,000 rs on 09Dec15 to raise 95 crores. The debt instrument is issued with a coupon rate of 16% and its interest is paid Monthly. 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 16% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 08/06/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 21Dec15. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 02Sep15. This issuer is formerly known as RAMPRASTHA SARE REALTY PRIVATE LIMITED, RAMPRASTHA INFRASTRUCTURE & DEVELOPERS PVTL Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.