21.30% Real Value Ventures Private Limited - D Rated (INE511T07072)

Real Value Ventures Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE511T07072, with a face value of ₹10,00,000 rs on 28Sep15 to raise 212 crores. The debt instrument is issued with a coupon rate of 21.30% and its interest is paid Quarterly. 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 21.30% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 31/12/2021.. 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. CARE RATINGS LIMITED has given D rating to this Debenture on 15May19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.