Sterling Gated Community Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE481R09029, with a face value of ₹10,00,000 rs on 21Oct14 to raise 60 crores. The debt instrument is issued with a coupon rate of 16% and its interest is paid Semi 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 16% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 30/06/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 29Oct14. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 21Oct14. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.