Iot Utkal Energy Services Limited, a Oil Storage & Transportation company, has floated Debenture, having ISIN value as INE310L07621, with a face value of ₹1,00,000 rs on 09Apr14 to raise 854 crores. The debt instrument is issued with a coupon rate of 9.84% and its interest is paid on Maturity. 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 9.843% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES II STRPP-60 DATE OF MATURITY 20/04/2020. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 25Apr14. INDIA RATING AND RESEARCH PVT. LTD has given WITHDRAWN rating to this Debenture on 24Aug15. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.