Vrihis Properties Private Limited (INE954W08068)

Vrihis Properties Private Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE954W08068, with a face value of ₹1,00,000 rs on 13Apr22 to raise 37.5 crores. The debt instrument is issued with a coupon rate of RESET RATE - SUBJECT TO APPLICABLE LAWS, THE COMPANY SHALL PAY TO THE SUBSCRIBER INTEREST ON THE FACE VALUE OF EACH NONCONVERTIBLE DEBENTURES AT THE RATE OF 12% (TWELVE PERCENT) PER ANNUM COMPOUNDED and its interest is paid Annually. 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 RESET RATE UNSECURED, UNRATED, UNLISTED, REDEEMABLE NON-CONVERTIBLE DEBENTURES.DATE OF MATURITY 12/04/2032. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as HGP KNOWLEDGE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.