17.50% Wadhwa Group Holdings Private Limited (INE577N07134)

Wadhwa Group Holdings Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE577N07134, with a face value of ₹10,00,000 rs on 11May15 to raise 250 crores. The debt instrument is issued with a coupon rate of 17.50% 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 17.50% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 10/05/2019. This instrument is issued in Private Placement mode. It has Compounding 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.