16.25% Siesta Hospitality Services Limited (INE461Z07010)

Siesta Hospitality Services Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE461Z07010, with a face value of ₹1,00,000 rs on 07Mar18 to raise 75 crores. The debt instrument is issued with a coupon rate of 16.25% 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 16.25% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 06/03/2023. 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 SIESTA HOSPITALITY SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.