8.74% Rajasthan Rajya Vidyut Utpadan Nigam Limited - C Rated (INE891F08026)

Rajasthan Rajya Vidyut Utpadan Nigam Limited, a Utilities company, has floated Bond, having ISIN value as INE891F08026, with a face value of ₹10,00,000 rs on 26Mar15 to raise 450 crores. The debt instrument is issued with a coupon rate of 8.74% and its interest is paid Semi 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 Unsecured Bond is 8.74% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF DEBENTURES. SERIES TRANCHE II OF BONDS 2014-15. LETTER OF ALLOTMENT. DATE OF MATURITY 26/03/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 08Apr15. Infomerics Valuation and Rating Pvt. Ltd has given C rating to this Bond on 29Apr24. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.