Ulundurpet Expressways Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE845H07012, with a face value of ₹37,050 rs on 28Mar15 to raise 264.7 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) and its interest is paid Monthly. 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 REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES ONE. LETTER OF ALLOTMENT. DATE OF MATURITY 15/01/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA- rating to this Debenture on 31Jan20. This issuer is formerly known as GMR ULUNDURPET EXPRESSWAYS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.