0.01% Gem Paints Private Limited (INE0LEU08012)

Gem Paints Private Limited, a Paints company, has floated Debenture, having ISIN value as INE0LEU08012, with a face value of ₹1,00,000 rs on 21Jun22 to raise 194 crores. The debt instrument is issued with a coupon rate of 0.01% and its interest is paid on Maturity. 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 0.0001% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES SERIES XXIV. DATE OF MATURITY 21/06/2032.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as GEM PAINTS LIMITED, GEM PAINTS PRIVATE LIMITED, INCAP PAINTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.