Rare Equity Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE0I9Z07023, with a face value of ₹10,00,000 rs on 07Jul21 to raise 200 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED RATES LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUES. TRANCHE B. DATE OF MATURITY 0708/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Jul21. Acuite Ratings And Research Limited has given AA+(CE) rating to this Debenture on 30Jun21. This issuer is formerly known as MARGANTA TEXTILES P. LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.