7% Jodhpur Wind Farms Private Limited - AA Rated (INE03IQ08033)

Jodhpur Wind Farms Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE03IQ08033, with a face value of ₹10,00,000 rs on 13Nov20 to raise 100 crores. The debt instrument is issued with a coupon rate of 7% 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 Debenture is 7% UNSECURED RATED LISTED REDEEMABLE NON-CUMULATIVE, NON CONVERTIBLE DEBENTURES. SERIES 1C. DATE OF MATURITY 13/11/2025.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 23Nov20. CRISIL RATINGS LIMITED has given AA+(CE) rating to this Debenture on 04Nov20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.