Neepa Real Estates Private Limited (INE833M07059)

Neepa Real Estates Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE833M07059, with a face value of ₹10,00,000 rs on 18Jun20 to raise 1748.2 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED, UNLISTED, UNRATED, SENIOR REDEEMABLE, NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/03/2027. 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. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.