11.50% Rivaaz Trade Ventures Private Limited - D Rated (INE971Z07133)

Rivaaz Trade Ventures Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE971Z07133, with a face value of ₹10,00,000 rs on 28Mar18 to raise 200 crores. The debt instrument is issued with a coupon rate of 11.50% and its interest is paid Quarterly. 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 11.50% SECURED RATED UNLISTED REDEEMABNBLE NON CONVERTIBLE DEBENTURES. SERIES E. DATE OF MATURTIY 30/06/2023. 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 D rating to this Debenture on 14Apr20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.