Sterling Habitats Private Limited - D Rated (INE258T07112)

Sterling Habitats Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE258T07112, 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 on Maturity. 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 ZERO COUPON SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 2. DATE OF MATURITY 15/09/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given D rating to this Debenture on 11Sep19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.