Accelarating Education And Development Private Limited
INACTIVE
ISIN: INE646W07013
Issuer Details
Issuer Name
ACCELARATING EDUCATION AND D...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
13.5%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U74999RJ2016PTC056248
Name of the Lead Manager
-
Registrar
Alankit Assignments Limited
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
13.5% SECURED REDEEMABLE NON...
Face Value (in ₹)
74000
Total Issue size( in ₹ Cr.)
125
Category of Instrument
-
Allotment Date
12-01-2017
Redemption Date
30-09-2023
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
a) A FIRST RANKING AND EXCLUSIVE CHARGE ON THE REFERENCE ENTITY ASSETS WHICH SHALL BE CREATED WITHIN A PERIOD OF 10 CALENDER DAYS FROM THE MERGER DATE AND PERFECTED WITHIN A PERIOD OF 30 CALENDER DAYS FROM THE MERGER DATE..CONTACT ISSUER FOR FURTHER DETAILS
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About Accelarating Education And Development Private Limited bond with ISIN: INE646W07013
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 INE646W07013, represents a significant financial instrument. Issued by ACCELARATING EDUCATION AND DEVELOPMENT PRIVATE LIMITED, it comes with the following description: "13.5% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES A.DATE OF MATURITY 30/09/2023 ". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, ACCELARATING EDUCATION AND DEVELOPMENT 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) U74999RJ2016PTC056248 further bolster its credibility. With a coupon rate of 13.5%, this instrument has been meticulously managed with the assistance of Alankit Assignments Limited and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 74000 with an issue size of 125. It was allotted on 1/12/2017 and is scheduled for redemption on 9/30/2023. Categorized under "-" 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 D as provided by BRICKWORK RATINGS INDIA PRIVATE LIMITED. In the market, ratings typically range from D to AAA, and a rating of D 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: a) A FIRST RANKING AND EXCLUSIVE CHARGE ON THE REFERENCE ENTITY ASSETS WHICH SHALL BE CREATED WITHIN A PERIOD OF 10 CALENDER DAYS FROM THE MERGER DATE AND PERFECTED WITHIN A PERIOD OF 30 CALENDER DAYS FROM THE MERGER DATE..CONTACT ISSUER FOR FURTHER DETAILS – 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 BRICKWORK RATINGS INDIA PRIVATE LIMITED_29-10-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_02-11-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_06-10-2022, BRICKWORK RATINGS INDIA PRIVATE LIMITED_06-10-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_12-10-2020. 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 INE646W07021 having a coupon rate of 14%. 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.