18.00% Shah Group Builders Limited (INE082P07031)

Shah Group Builders Limited, a Utilities company, has floated Debenture, having ISIN value as INE082P07031, with a face value of ₹29 rs on 01Oct13 to raise 4.2855 crores. The debt instrument is issued with a coupon rate of 18.00% 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 18% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES II. DATE OF MATURITY 07/02/2021. 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. This issuer is formerly known as SHAH GROUP BUILDERS PVT. LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.