Indian Hospitals Corporation Ltd - A Rated (INE682Q07069)

Indian Hospitals Corporation Ltd, a Healthcare company, has floated Debenture, having ISIN value as INE682Q07069, with a face value of ₹10,00,000 rs on 23Dec20 to raise 300 crores. The debt instrument is issued with a coupon rate of 0% 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 Secured Debenture is ZERO COUPON SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT. MATURITY DATE 08/01/2024.. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given A rating to this Debenture on 18Dec20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.