Nivaya Asl Private Limited, a Iron & Steel company, has floated Debenture, having ISIN value as INE0LP207010, with a face value of ₹1,00,000 rs on 15Jun22 to raise 142.5 crores. The debt instrument is issued with a coupon rate of RESET RATE - 22% P.A. P.M. TILL THE IMPLEMENTATION OF RESOLUTION PLAN 10% P.A. P.M. THEREAFTER 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 RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 31/03/2027.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Quantity 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.