Inox Air Products Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE321A07159, with a face value of ₹10,00,000 rs on 31Dec13 to raise 70 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) 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 Secured Debenture is RESET RATE SECURED NON-CONVERTIBLE DEBENTURES. SERIES I. LETTER OF ALLOTMENT. DATE OF MATURITY 31/12/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 04Dec13. This issuer is formerly known as INOX AIR PRODUCTS LIMITED, INDUSTRIAL OXYGEN COMPANY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.