10% Lotus Greens Constructions Private Limited - D Rated (INE123R08029)

Lotus Greens Constructions Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE123R08029, with a face value of ₹1,00,00,000 rs on 04Aug14 to raise 90 crores. The debt instrument is issued with a coupon rate of 10% 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 Unsecured Debenture is 10% UNSECURED, NOT GUARANTEED, SENIOR, TAXABLE, UNLISTED, NON CUMULATIVE, RATED, REDEEMABLE, NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/08/2023.. 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 D rating to this Debenture on 31Mar18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.