10% Shristi Infrastructure Development Corp Ltd - C Rated (INE472C07024)

Shristi Infrastructure Development Corp Ltd, a Utilities company, has floated Debenture, having ISIN value as INE472C07024, with a face value of ₹10,00,000 rs on 30Nov16 to raise 145 crores. The debt instrument is issued with a coupon rate of 10% 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 Secured Debenture is 10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/11/2026. 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. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given C rating to this Debenture on 21Mar18. This issuer is formerly known as PEERLESS ABASAN FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.