0% Sterling Habitats Private Limited - D Rated (INE258T07096)

Sterling Habitats Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE258T07096, with a face value of ₹1,00,000 rs on 07Aug15 to raise 25 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 RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 2. DATE OF MATURITY 31/03/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 25Aug15. CRISIL RATINGS LIMITED has given D rating to this Debenture on 27Sep18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.