Ballarpur Industries Limited, a Industrial company, has floated Debenture, having ISIN value as INE294A07125, with a face value of ₹10,00,000 rs on 28Jan14 to raise 150 crores. The debt instrument is issued with a coupon rate of 11.75% 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 Secured Debenture is 11.75% SECURED NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/01/2024.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 06Feb14. INDIA RATING AND RESEARCH PVT. LTD has given D rating to this Debenture on 10Jan14. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.