Pride Properties Private Limited, has floated Debenture, having ISIN value as INE0L9G07010, with a face value of ₹10,00,000 rs on 28Mar22 to raise 8 crores. The debt instrument is issued with a coupon rate of 15% and its interest is paid Annually. 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 15% SECURED RATED LISTED REDEEMABLE NON ONVERTIBLE DEBENTURES. SERIES I. LETTER OF ALLOTMENT. DATE OF MATURITY 27/03/2029. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given D rating to this Debenture on 16Mar22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.