14.75% T.s.rajam Rubbers Private Limited - A Rated (INE05XN07010)

T.s.rajam Rubbers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE05XN07010, with a face value of ₹10,00,000 rs on 08Sep21 to raise 800 crores. The debt instrument is issued with a coupon rate of 14.75% 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 14.75%SECURED RATED LISTED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 07/09/2026. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 14Sep21. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 28Jul21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.