9.36% Sintex-bapl Limited (INE631U07019)

Sintex-bapl Limited, a Utilities company, has floated Debenture, having ISIN value as INE631U07019, with a face value of ₹10,00,000 rs on 27May16 to raise 200 crores. The debt instrument is issued with a coupon rate of 9.36% 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 9.36% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 27/05/2026. 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. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 29Aug19. This issuer is formerly known as BRIGHT AUTOPLAST LIMITED, BRIGHT AUTOPLAST PRIVATE LIMITED, BRIGHT AUTO PLASTIC PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.