7.80% Punjab State Industrial Development Corp.ltd (INE973F09038)

Punjab State Industrial Development Corp.ltd, a Finance company, has floated Bond, having ISIN value as INE973F09038, with a face value of ₹1,00,000 rs on 27Jan06 to raise 97.08 crores. The debt instrument is issued with a coupon rate of 7.80% 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 Bond is 7.80% Unsecured Non Convertible bond in form of Promissory notes. Letter of allotment. PSIDC 2005-I series. Final Date of redemption : 26/01/2016. This instrument is issued in Private Placement 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. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.