Shrem Infra Structure Private Limited
, a Civil Construction company, has floated Debenture,
having ISIN value as INE391V07075, with a face value of ₹10,00,000 rs on 11Mar22 to raise 137 crores. The debt instrument
is issued with a coupon rate of GSEC LINKED 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 Secured
Debenture is GSEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE.SERIES SIPL MLD 2025 SERIES 2 1371 - 2740.DATE OF MATURITY 11/09/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on NSE stock
exchange on 16Mar22. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD AA rating to
this Debenture on 03Mar22. This issuer is formerly known as SHREM LIFE CARE PRIVATE LIMITED, FLYING-COLOURS CONSTRUCTION PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.