Top Haven Developers Private Limited (INE0IJI07014)

Top Haven Developers Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE0IJI07014, with a face value of ₹50,00,000 rs on 25Jul22 to raise 50 crores. The debt instrument is issued with a coupon rate of RESET RATE - INTEREST RATE OF 16% PER ANNUM, FIXED FOR A PERIOD OF 12 MONTHS FROM THE FIRST ALLOTMENT DATE OF DEBENTURES. THEREAFTER THE INTEREST RATE WILL BE FULLY FLOATING AND SHALL BE COMPUTED AS 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 RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 31/12/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.