18% Omkara Assets Reconstruction Private Limited - A Rated (INE07YI07030)

Omkara Assets Reconstruction Private Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE07YI07030, with a face value of ₹729 rs on 28Dec20 to raise 93.8 crores. The debt instrument is issued with a coupon rate of 18% 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 18% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. DATE OF MATURITY 27/12/2030. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Infomerics Valuation and Rating Pvt. Ltd has given A- rating to this Debenture on 27Nov20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.