Sintex-bapl Limited - D Rated (INE631U07027)

Sintex-bapl Limited, a Utilities company, has floated Debenture, having ISIN value as INE631U07027, with a face value of ₹1,00,000 rs on 21Dec17 to raise 150 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES 1A. DATE OF MATURITY 31/12/2020. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 15Dec17. 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.