Apg Intelli Homes Private Limited - BBB Rated (INE892R07013)

Apg Intelli Homes Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE892R07013, with a face value of ₹1,00,00,000 rs on 05Feb15 to raise 720 crores. The debt instrument is issued with a coupon rate of 1.25% PER MONTH (15% p.a.) 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 Secured Debenture is 1.25% MONTHLY PARTLY PAID SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NCD I. DATE OF MATURITY 04/02/2035. 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 11Feb15. ICRA LIMITED has given BBB- (SO) rating to this Debenture on 15Feb18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.