18% Sugee Estates Private Limited (INE887Z07016)

Sugee Estates Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE887Z07016, with a face value of ₹1,00,000 rs on 28Mar18 to raise 10 crores. The debt instrument is issued with a coupon rate of 18% and its interest is paid Monthly. 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 Unsecured Debenture is 18% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 27/03/2021. 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. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.