4s Developers Private Limited
ACTIVE
ISIN: INE0PQG07026
Issuer Details
Issuer Name
4S DEVELOPERS PRIVATE LIMITE...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
SBI 1 year MCLR Rate%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U74999HR2016PTC065701
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
5000000
Total Issue size( in ₹ Cr.)
120
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
08-08-2024
Redemption Date
30-09-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
200%
Details of Asset Cover
First ranking exclusive charge, by way of hypothecation, over the designated cash flows of the Project, including insurance policies of the Issuer
Asset Type
Details of the security
Non-Current Investments
First ranking charge by way of a pledge over 100% (one hundred percent) shares of the Company
Non-Current Investments
Personal Guarantee of Sanjoo and Narayan Bhadana
Book Debts / Receivables
First ranking exclusive charge over the bank accounts via an escrow agreement
Non-Current Investments
Demand Promissory Notes from Company and Personal Guarantor
Book Debts / Receivables
First ranking exclusive charge, by way of hypothecation, over the designated cash flows of the Project, including insurance policies of the Issuer
Immovable Assets
First ranking exclusive charge over the upcoming affordable housing project namely Aster Avenue 36 in Sector 36, Sohna, Gurugram, Haryana, Project Land, the development rights and the unsold units by way of equitable mortgage
Non-Current Investments
Post Dated Cheques from Company and Personal Guarantor
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About 4s Developers Private Limited bond with ISIN: INE0PQG07026
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 INE0PQG07026, represents a significant financial instrument. Issued by 4S DEVELOPERS PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/09/2028". 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, 4S DEVELOPERS PRIVATE 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) U74999HR2016PTC065701 further bolster its credibility. With a coupon rate of SBI 1 year MCLR Rate, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 5000000 with an issue size of 120. It was allotted on 8/8/2024 and is scheduled for redemption on 9/30/2028. Categorized under "PLAIN VANILLA DEBENTURES" 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. No credit rating information is available for this bond. 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: First ranking exclusive charge, by way of hypothecation, over the designated cash flows of the Project, including insurance policies of the Issuer – 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. There are no additional documents available for this bond. 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 INE0PQG07018 having a coupon rate of SBI 1 year MCLR. 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.