Reliance Capital Limited - D Rated (INE013A070S2)

Reliance Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE013A070S2, with a face value of ₹10,00,000 rs on 24Jul18 to raise 150 crores. The debt instrument is issued with a coupon rate of IDFC BANK 1 YEAR MCLR LINKED 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 IDFC BANK 1 YEAR MCLR LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. RCL F SERIES B NCD 384. DATE OF MATURITY 24/10/2019. 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 01Aug18. CARE RATINGS LIMITED has given D rating to this Debenture on 24Jul18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.