Reliance Home Finance Limited
, a Housing Finance Company company, has floated Debenture,
having ISIN value as INE217K07BB4, with a face value of ₹5,00,000 rs on 02Feb18 to raise 23.3 crores. The debt instrument
is issued with a coupon rate of REFERENCE 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 REFERENCE INDEX LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. RHFL M/39. DATE OF MATURITY 03/02/2025. 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 13Mar18. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to
this Debenture on 17Jan18. 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.