9.80% Jaipur Vidyut Vitran Nigam Ltd - BBB Rated (INE887F08040)

Jaipur Vidyut Vitran Nigam Ltd, a Energy company, has floated Debenture, having ISIN value as INE887F08040, with a face value of ₹90,000 rs on 30Mar16 to raise 8717.4 crores. The debt instrument is issued with a coupon rate of 9.80% and its interest is paid Semi 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 Debenture is 9.80% UNSECURED TAXABLE REDEEMABLE GOV OF RAJASTHAN GURANTEED NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES AS PER GOI SCHEME. SERIES JVVNL 2031. DATE OF MATURITY 30/03/2031. 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. CARE Ratings Limited has given BBB+(CE) rating to this Debenture on 01Mar16. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.