11% Reliance Innoventures Private Ltd - AA Rated (INE045I07025)

Reliance Innoventures Private Ltd, a Finance company, has floated Debenture, having ISIN value as INE045I07025, with a face value of ₹10,00,000 rs on 13Apr15 to raise 250 crores. The debt instrument is issued with a coupon rate of 11% and its interest is paid 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 Secured Debenture is 11% SECURED REDEEMABLE NON CONVERTIBLE PARTLY PAID DEBENTURES. DATE OF MATURITY 29/06/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given AA rating to this Debenture on 07Jan15. This issuer is formerly known as RELIANCE INNOVENTURES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.