0% Sterling Habitats Private Limited (INE258T07088)

Sterling Habitats Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE258T07088, with a face value of ₹64,885 rs on 09Sep15 to raise 16.182319 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 UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1B. DATE OF MATURITY 31/03/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.