0% Palacia Real Estate Private Limited - D Rated (INE787V11019)

Palacia Real Estate Private Limited, a Utilities company, has floated Bond, having ISIN value as INE787V11019, with a face value of ₹1,00,000 rs on 20Sep16 to raise 82.43 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 Secured Bond is ZERO COUPON SECURED REDEEMABLE NON CONVERTIBLE DEEP DISCOUNT BONDS. SERIES 1. DATE OF MATURITY 20/09/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 10Oct16. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Bond on 22Sep16. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.