Abans Jewels Limited
ACTIVE
ISIN: INE087107335
Issuer Details
Issuer Name
ABANS JEWELS LIMITED
Type of Issuer
Non PSU
Sector
Metals & Mining
Coupon Rate
ICICI stock price on NSE%
Industry
Non - Ferrous Metals
Issuer nature
Other
Corporate Identity Number (CIN)
U74999MH2012PLC225770
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
EQUITY LINKED SECURED UNRATE...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
0.19
Category of Instrument
STRUCTURED/MARKET LINKED DEB...
Allotment Date
31-07-2024
Redemption Date
02-02-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
172%
Details of Asset Cover
The debentures shall be secured by way of a pari passu first ranking charge on inventories and receivables of the Company as mentioned in the Deed of Hypothecation, to the extent of 1.00 time of the principal and interest amounts of the debentures outstanding at any point of time.
Asset Type
Details of the security
Others, Please Specify
The debentures shall be secured by way of a pari passu first ranking charge on inventories and receivables of the Company as mentioned in the Deed of Hypothecation, to the extent of 1.00 time of the principal and interest amounts of the debentures outstanding at any point of time.
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About Abans Jewels Limited bond with ISIN: INE087107335
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 INE087107335, represents a significant financial instrument. Issued by ABANS JEWELS LIMITED, it comes with the following description: "EQUITY LINKED SECURED UNRATED UNLISTED REDEEMABLE PRINCIPAL-PROTECTED NON-CONVERTIBLE DEBENTURE. SERIES 98 DATE OF MATURITY 02/02/2026.". 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, ABANS JEWELS 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) U74999MH2012PLC225770 further bolster its credibility. With a coupon rate of ICICI stock price on NSE, 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 100000 with an issue size of 0.19. It was allotted on 7/31/2024 and is scheduled for redemption on 2/2/2026. 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. 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: The debentures shall be secured by way of a pari passu first ranking charge on inventories and receivables of the Company as mentioned in the Deed of Hypothecation, to the extent of 1.00 time of the principal and interest amounts of the debentures outstanding at any point of time. – 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 INE087107111 having a coupon rate of N/A and the bond with ISIN INE087107228 having a coupon rate of Nifty 50 Index and the bond with ISIN INE087107277 having a coupon rate of Nifty 50 Index and the bond with ISIN INE087107137 having a coupon rate of Government Security. 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.