360 One Prime Limited

About 360 One Prime Limited bond with ISIN: INE248U07DI9

In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE248U07DI9, represents a significant financial instrument. Issued by 360 ONE PRIME LIMITED, it comes with the following description: "GSEC & UNDERLYING BOND LINKED SECURED LISTED RATED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE MARKET LINKED DEBENTURES. SERIES IIFLWPL-IDPS2031. DATE OF MATURITY 26/11/2031". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, 360 ONE PRIME LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U65990MH1994PLC080646 further bolster its credibility. With a coupon rate of GSEC LINKED, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 250. It was allotted on 4/26/2022 and is scheduled for redemption on 11/26/2031. Categorized under "Structured/Market Linked Debentures (MLDs)" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of AA as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of AA is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: ALL PRESENT AND FUTURE BUSINESS RECEIVABLES OF THE COMPANY PERTAINING TO CAPITAL MARKET BUSINESS OF THE COMPANY INCLUDING CURRENT ASSETS (EXCLUDING CASH AND BANK BALANCE AND NON-CAPITAL MARKET ASSETS) – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_13-09-2024, ICRA LIMITED_29-02-2024, ICRA LIMITED_07-12-2023, ICRA LIMITED_20-09-2023. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE248U07FM6 having a coupon rate of 9.85% and the bond with ISIN INE248U08010 having a coupon rate of 10% and the bond with ISIN INE248U07EV0 having a coupon rate of 9.22% and the bond with ISIN INE248U07DY6 having a coupon rate of GSEC LINKED. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.