Kumar Urban Development Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE970M07059, with a face value of ₹1,00,000 rs on 11Aug15 to raise 7.75 crores. The debt instrument is issued with a coupon rate of 20% XIRR and its interest is paid Monthly. 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 20% XIRR SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 01/02/2019. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as KUMAR URBAN DEVELOPMENT LIMITED, KUMAR HOUSING & LAND DEVELOPMENT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.