Sepset Constructions Limited, a Energy company, has floated Debenture, having ISIN value as INE961M08049, with a face value of ₹10 rs on 09Nov16 to raise 21.1 crores. The debt instrument is issued with a coupon rate of 16% and its interest is paid Annually. 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 16% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES B.DATE OF CONVERSION 08/11/2041. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption 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.