21% Rock Spaces Private Limited (INE858P08024)

Rock Spaces Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE858P08024, with a face value of ₹1,000 rs on 18Feb16 to raise 24 crores. The debt instrument is issued with a coupon rate of 21% 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 Unsecured Debenture is 21% UNSECURED UNLISTED NOT GUARANTEED SENIOR TAXABLE UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/02/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.