Puranik Builders Limited (INE842O07528)

Puranik Builders Limited, a Utilities company, has floated Debenture, having ISIN value as INE842O07528, with a face value of ₹1,00,00,000 rs on 28Oct21 to raise 10 crores. The debt instrument is issued with a coupon rate of INDOSTAR PRIME LENDING RATE LINKED 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 INDOSTAR PRIME LENDING RATE LINKED SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES K.DATE OF MATURITY 31/07/2025. 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. This issuer is formerly known as PURANIK BUILDERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.