Genie Commercial Ventures Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE114W07038, with a face value of ₹62,895 rs on 29Nov16 to raise 60.6909152 crores. The debt instrument is issued with a coupon rate of RESET RATE-REFER REMARKS and its interest is paid subject to Availability of Funds. 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 IRR LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A (TRANCHE 1) & SERIES B (TRANCHE 2). DATE OF MATURITY 20/09/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given D rating to this Debenture on 20May16. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.