1% Bright Buildtech Private Limited - D Rated (INE373P08024)

Bright Buildtech Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE373P08024, with a face value of ₹64,76,200 rs on 24Apr14 to raise 150 crores. The debt instrument is issued with a coupon rate of 1% 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 Unsecured Debenture is 1% UNSECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 01/09/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06May14. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 24Apr14. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.