9% Reliance Home Finance Limited - D Rated (INE217K08222)

Reliance Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE217K08222, with a face value of ₹5,00,000 rs on 21Jan16 to raise 15 crores. The debt instrument is issued with a coupon rate of 9% 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 9% UNSECURED REDEEMABLE DEBENTURES RHFL F SERIES T NCD 24. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Feb16. CARE Ratings Limited has given D rating to this Debenture on 19Jan16. This issuer is formerly known as RELIANCE HOME FINANCE PRIVATE LIMITED, RELIANCE HOMES FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.