12.30% Shubham Housing Development Finance Company Limited - A Rated (INE967Q08021)

Shubham Housing Development Finance Company Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE967Q08021, with a face value of ₹10,00,000 rs on 21Jun16 to raise 75 crores. The debt instrument is issued with a coupon rate of 12.30% and its interest is paid Semi 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 12.30% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1-750. DATE OF MATURITY 21/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 05Jul16. ICRA LIMITED has given A rating to this Debenture on 05Oct23. 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.