10.75% Simplex Infrastructures Limited - D Rated (INE059B07021)

Simplex Infrastructures Limited, a Industrial company, has floated Debenture, having ISIN value as INE059B07021, with a face value of ₹10,00,000 rs on 06Dec12 to raise 25 crores. The debt instrument is issued with a coupon rate of 10.75% and its interest is paid 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 Secured Debenture is 10.75% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 06/12/2022. 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 24Dec12. CARE Ratings Limited has given D rating to this Debenture on 29Jun12. This issuer is formerly known as SIMPLEX CONCRETE PILES (INDIA) LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.