Lucina Land Development Limited, has floated Debenture, having ISIN value as INE0JZO07016, with a face value of ₹8,00,000 rs on 10Feb22 to raise 360 crores. The debt instrument is issued with a coupon rate of 12.25% 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 12.25% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES I.TRANCHE I.DATE OF MATURITY 10/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Infomerics Valuation and Rating Pvt. Ltd has given A+(CE) rating to this Debenture on 31Oct22. This issuer is formerly known as LUCINA LAND DEVELOPMENT PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.