8% G R Infraprojects Limited - AA Rated (INE201P08191)

G R Infraprojects Limited, a Engineering, Designing & Construction company, has floated Debenture, having ISIN value as INE201P08191, with a face value of ₹10,00,000 rs on 30Aug22 to raise 50 crores. The debt instrument is issued with a coupon rate of 8% and its interest is paid Annually. 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 8% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/08/2029.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Sep22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 17Aug22. This issuer is formerly known as G. R. AGARWAL BUILDERS & DEVELOPERS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.