Pragnya South City Projects Private Limited, has floated Debenture, having ISIN value as INE888J08016, with a face value of ₹10,00,000 rs on 30Aug17 to raise 80 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Subject to Availability of Funds. 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 14% UNSECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 30/08/2024. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as L & T SOUTH CITY PROJECTS PRIVATE LIMITED, L & T SOUTH CITY PROJECTS LIMITED, DINESH RANKA PROPERTY DEVLOPERS LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.