14% Assetz Premium Holdings Private Limited - BB Rated (INE601V08034)

Assetz Premium Holdings Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE601V08034, with a face value of ₹10,00,000 rs on 01Sep16 to raise 107.3 crores. The debt instrument is issued with a coupon rate of 14% 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 Unsecured Debenture is 14% UNSECURED RATED LISTED REDEEMBALE NON CONVERTIBLE PARTLY PAID DEBENTURES. SERIES A. DATE OF MATURITY 31/08/2025. 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 14Sep16. ICRA LIMITED has given BB- rating to this Debenture on 30May23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.