8% Total Environment Constructions Private Limited - BB Rated (INE257Y07015)

Total Environment Constructions Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE257Y07015, with a face value of ₹1,00,00,000 rs on 06Oct17 to raise 135 crores. The debt instrument is issued with a coupon rate of 8% and its interest is paid Quarterly. 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 8% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. LETTER OF ALLOTMENT. DATE OF MATURITY 05/10/2023. 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 03Nov17. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BB rating to this Debenture on 18Jul22. This issuer is formerly known as SHIVAPRASANNA HOTELS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.