JAMNAGAR UTILITIES & POWER PRIVATE LIMITED SR-VII 7.65 NCD 29DC22 FVRS10LACLOAUPTO05FB18
Jamnagar Utilities & Power Private Limited
, a Electric Utilities company, has floated Debenture,
having ISIN value as INE936D07141, with a face value of ₹10,00,000 rs on 29Aug17 to raise 275 crores. The debt instrument
is issued with a coupon rate of 7.65% 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 7.65% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES PPD 5 SERIES VII. LETTER OF ALLOTMENT. DATE OF MATURITY 29/12/2022. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 11Sep17. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 23Aug17. This issuer is formerly known as RELIANCE UTILITIES AND POWER PRIVATE LIMITED, RELIANCE UTILITIES AND POWER LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.