18% Raheja Icon Entertainment Private Limited - D Rated (INE572U07015)

Raheja Icon Entertainment Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE572U07015, with a face value of ₹10,00,000 rs on 28Mar16 to raise 68 crores. The debt instrument is issued with a coupon rate of 18% 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 18% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 15/12/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 12Apr16. CARE Ratings Limited has given D rating to this Debenture on 13Sep19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.