10% Shubham Housing Development Finance Company Limited - A Rated (INE967Q07023)

Shubham Housing Development Finance Company Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE967Q07023, with a face value of ₹10,00,000 rs on 12Jun20 to raise 10 crores. The debt instrument is issued with a coupon rate of 10% 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 10% SECURED, RATED LISTED REDEEMABLE, NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 12/06/2023. 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 01Jul20. CRISIL RATINGS LIMITED has given A rating to this Debenture on 05Jun20. This issuer is formerly known as SHUBHAM HOUSING DEVELOPMENT FINANCE COMPANY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.