0% Gmr Enterprises Private Limited - BB Rated (INE908I07271)

Gmr Enterprises Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE908I07271, with a face value of ₹10,00,000 rs on 18Jan22 to raise 21.2 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES 1.DATE OF MATURITY 18/02/2023. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 20Jan22. Infomerics Valuation and Rating Pvt. Ltd has given BB+(CE) rating to this Debenture on 30Dec22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.