Nv Projects Private Limited - A Rated (INE00F507012)

Nv Projects Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE00F507012, with a face value of ₹9,32,500 rs on 26Aug19 to raise 193 crores. The debt instrument is issued with a coupon rate of CD RATE LINKED (REFER REMAKRS) 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 CD RATE LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 26/07/2031. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 06Sep19. ICRA LIMITED has given A- rating to this Debenture on 15Sep23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.