8.65% Satpura Transco Private Limited - AA Rated (INE305Q07018)

Satpura Transco Private Limited, has floated Debenture, having ISIN value as INE305Q07018, with a face value of ₹9,04,000 rs on 27Mar18 to raise 183.2 crores. The debt instrument is issued with a coupon rate of 8.65% and its interest is paid Quarterly. 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 8.65% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/03/2036. 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. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 22Feb18. This issuer is formerly known as KALPATARU SATPURA TRANSCO PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.