14.90% S.c.c. Builders Private Limited (INE02FM07016)

S.c.c. Builders Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE02FM07016, with a face value of ₹1,00,000 rs on 09Nov18 to raise 50 crores. The debt instrument is issued with a coupon rate of 14.90% and its interest is paid Monthly. 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 14.90% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 31/10/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value 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.