8.64% Reliance Home Finance Limited - D Rated (INE217K07AI1)

Reliance Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE217K07AI1, with a face value of ₹5,00,000 rs on 23Mar17 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.64% and its interest is paid on Maturity. 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 8.64% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. RHFL F SERIES B NCD 57. DATE OF MATURITY 25/05/2020. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 28Mar17. CARE Ratings Limited has given D rating to this Debenture on 23Mar17. This issuer is formerly known as RELIANCE HOME FINANCE PRIVATE LIMITED, RELIANCE HOMES FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.