Adani Properties Private Limited - AA Rated (INE382G07091)

Adani Properties Private Limited, a Trading - Metals company, has floated Debenture, having ISIN value as INE382G07091, with a face value of ₹1,00,00,000 rs on 21Jul20 to raise 1125 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 3. DATE OF MATURITY 21/08/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given AA-(CE) rating to this Debenture on 17Jul20. This issuer is formerly known as ADANI PROPERTIES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.