Orissa Stevedores Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE496S07011, with a face value of ₹10,00,000 rs on 10Jun15 to raise 108 crores. The debt instrument is issued with a coupon rate of 14% 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 14% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 15/06/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 23Jun15. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 20Mar15. This issuer is formerly known as ORISSA STEVEDORES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.