0% Orissa Metaliks Private Limited - AA Rated (INE0J9208015)

Orissa Metaliks Private Limited, has floated Debenture, having ISIN value as INE0J9208015, with a face value of ₹10,00,000 rs on 30Sep21 to raise 250 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 Unsecured Debenture is ZERO COUPON UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES ISSUEED IN ONE OR MORE TRANCHES. LETTER OF ALLOTMENT. DATE OF MATURITY 30/09/2026. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Oct21. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 20Sep21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.