Reliance Home Finance Limited
, a Housing Finance Company company, has floated Debenture,
having ISIN value as INE217K07AY8, with a face value of ₹5,00,000 rs on 13Dec17 to raise 42.55 crores. The debt instrument
is issued with a coupon rate of NIFTY 50 INDEX LINKED 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 NIFTY 50 INDEX LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES RHFL M/38. DATE OF MATURITY 13/12/2027. 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 29Dec17. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to
this Debenture on 08Dec17. 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.