13.50% Hiveloop Technology Private Limited (INE0J6Y07021)

Hiveloop Technology Private Limited, has floated Debenture, having ISIN value as INE0J6Y07021, with a face value of ₹3,12,500 rs on 24Sep21 to raise 45 crores. The debt instrument is issued with a coupon rate of 13.50% and its interest is paid Monthly. 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 13.5% SECURED UNRATED UNLISTED REDEEMABLE NON COVETIBLE DEBENTURES. TRANCHE 1. SERIES B. DATE OF MATURITY 31/08/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.