Advance India Projects Limited
ACTIVE
ISIN: INE00FQ07060
Issuer Details
Issuer Name
ADVANCE INDIA PROJECTS LIMIT...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
11%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45209DL1997PLC087292
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
11% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
450
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
20-12-2024
Redemption Date
20-12-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
250%
Details of Asset Cover
Non disposal undertaking in relation to all shares of the Company constituting one hundred per cent of the issued and paid up share capital of Company held by the shareholders of the Company
Asset Type
Details of the security
Others, Please Specify
Non disposal undertaking in relation to all shares of the Company constituting one hundred per cent of the issued and paid up share capital of Company held by the shareholders of the Company
Movable Asset
first ranking exclusive charge by way of mortgage/hypothecation over the assets (including receivables, bank accounts, insurance policies, movable fixed assets and current assets) of the Company in relation to the Mortgaged Properties
Immovable Assets
First ranking exclusive charge by way of mortgage over the immovable properties of the Company in relation to its commercial real estate project titled AIPL Autograph Village MaidawasBadshahpur Sector 66 District Gurugram Haryana
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About Advance India Projects Limited bond with ISIN: INE00FQ07060
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 INE00FQ07060, represents a significant financial instrument. Issued by ADVANCE INDIA PROJECTS LIMITED, it comes with the following description: "11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT DATE OF MATURITY 20/12/2028.". 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, ADVANCE INDIA PROJECTS 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) U45209DL1997PLC087292 further bolster its credibility. With a coupon rate of 11, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 450. It was allotted on 12/20/2024 and is scheduled for redemption on 12/20/2028. 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: Non disposal undertaking in relation to all shares of the Company constituting one hundred per cent of the issued and paid up share capital of Company held by the shareholders of the Company – 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 INE00FQ07052 having a coupon rate of 10% and the bond with ISIN INE00FQ07029 having a coupon rate of RESET RATE - REFER REMARKS and the bond with ISIN INE00FQ07037 having a coupon rate of RESET RATE - REFER REMARKS. 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.