15% Ecstasy Realty Private Limited - D Rated (INE214S07018)

Ecstasy Realty Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE214S07018, with a face value of ₹1,00,00,000 rs on 28Mar18 to raise 850 crores. The debt instrument is issued with a coupon rate of 15% 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 Secured Debenture is 15% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A & B. LETTER OF ALLOTMENT. DATE OF MATURITY 27/03/2023. 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 13Apr18. CARE RATINGS LIMITED has given D rating to this Debenture on 13Apr18. This issuer is formerly known as ECSTASY INVESTMENT & FINANCE COMPANY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.