Ozone Projects Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE636I07039, with a face value of ₹10,00,000 rs on 30Jun16 to raise 126.3 crores. The debt instrument is issued with a coupon rate of 14.25% and its interest is paid Quarterly. 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 14.25% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/10/2019. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given D rating to this Debenture on 30Jun16. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.