Vascon Engineers Limited, a Utilities company, has floated Debenture, having ISIN value as INE893I07028, with a face value of ₹1,00,000 rs on 27Mar19 to raise 110 crores. The debt instrument is issued with a coupon rate of 15.50% 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 15.5% SECURED UNRATED UNLISTED REDEEMABLE NON CONVRTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 31/03/2023. 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. This debt instrument is Unrated. This issuer is formerly known as VASCON ENGINEERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.