20% Apg Premium Homes Private Limited - BB Rated (INE851T08039)

Apg Premium Homes Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE851T08039, with a face value of ₹10,00,000 rs on 10Dec15 to raise 50 crores. The debt instrument is issued with a coupon rate of 20% and its interest is paid Semi 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 20% UNSECURED REDEEMABLE NON CONVERTIBLE PARTLY PAID DEBENTURES. SERIES 1. DATE OF MATURITY 09/12/2025. 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 21Dec15. ICRA LIMITED has given BB- rating to this Debenture on 08Aug24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.