0% Sprit Infrapower & Multiventures Private Limited - D Rated (INE069R07174)

Sprit Infrapower & Multiventures Private Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE069R07174, with a face value of ₹15,00,000 rs on 24Nov17 to raise 1500 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES SPRIT-BSLMF-1500 CR. DATE OF MATURITY 30/04/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D(CE) rating to this Debenture on 28Nov17. This issuer is formerly known as SPRIT TEXTILES PRIVATE LIMITED, SPRIT LOUNGE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.