Parsvnath Estate Developers Private Limited (INE244P07029)

Parsvnath Estate Developers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE244P07029, with a face value of ₹9,91,070 rs on 29Jun20 to raise 275 crores. The debt instrument is issued with a coupon rate of RESET RATE REFER REMARKS 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 RESET RATE SECURED,UNLISTED, UNRATED, SENIOR REDEEMABLE NON-CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. SERIES B. DATE OF MATURITY 31/03/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as FARHAT DEVELOPERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.