Agile Real Estate Private Limited
ACTIVE
ISIN: INE396O07020
Issuer Details
Issuer Name
AGILE REAL ESTATE PRIVATE LI...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
6%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U70102MH2008PTC177239
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
6% SECURED UNRATED UNLISTED ...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
252
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
01-02-2023
Redemption Date
30-06-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
148%
Details of Asset Cover
Such other securities as maybe required for by the Debenture Trustee
Asset Type
Details of the security
Others, Please Specify
Demand promissory note along with a letter of continuity of the Company and the Kalpataru Limited Kalpataru Hills Residency Private Limited Arena Orchards Private Limited Arena Enviro Farms Private Limited Ambrosia Enviro Farms Private Limited Ardour Properties Private Limited Prime Properties Private Limited Kalpataru Land Private Limited and Kalpataru Properties Private Limited
Others, Please Specify
Personal Guarantee of Mr Parag M Munot
Others, Please Specify
Cross collateralization of securities between Kalpataru Limited Kalpataru Hills Residency Private Limited Arena Orchards Private Limited Arena Enviro Farms Private Limited Ambrosia Enviro Farms Private Limited Ardour Properties Private Limited Prime Properties Private Limited Kalpataru Land Private Limited and Kalpataru Properties Private Limited along with their respective Corporate Guarantee
Others, Please Specify
Pledge over 100 percent shares of Hills Arena Orchards Arena Enviro Ambrosia Enviro Ardour Prime and Kalpataru Land and any other entity as may be identified by the Debenture Trustee from time to time Pledge over 83 point 33 percent shares of Agile Real Estate Dev Private Limited held by Kalpataru Properties Private Limited immediate holding company of the Company
Others, Please Specify
Post Dated Cheques from the Company and Kalpataru Limited Kalpataru Hills Residency Private Limited Arena Orchards Private Limited Arena Enviro Farms Private Limited Ambrosia Enviro Farms Private Limited Ardour Properties Private Limited Prime Properties Private Limited Kalpataru Land Private Limited and Kalpataru Properties Private Limited for the entire repayment schedule
Immovable Assets
First ranking charge by way of mortgage on Residential projects to be developed and on land parcels owned by the Company and following entities being Security Providers as defined hereunder: Project to be developed by the Company on land parcel admeasuring approx. 17 acres Plot B Project Land in Thane Mumbai comprising of a total potential saleable area of 3931049 square feet
Immovable Assets
Residential project to be developed by Arena Orchards Private Limited Ambrosia Enviro Farms Private Limited fellow subsidiaries of the Company and Arena Enviro Farms Private Limited group company of the Company on land parcel admeasuring approx 88 point 52 acres situated in Karjat Maharashtra land admeasuring approx. 75 point 70 acres located in Dongargaon, Lonavala owned by Ardour Developers Private Limited a fellow subsidiary of the Company along with the development rights thereon land adm
Others, Please Specify
Such other securities as maybe required for by the Debenture Trustee
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About Agile Real Estate Private Limited bond with ISIN: INE396O07020
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 INE396O07020, represents a significant financial instrument. Issued by AGILE REAL ESTATE PRIVATE LIMITED, it comes with the following description: "6% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBNETURES TRANCHE 3 DATE OF MATURITY 30/06/2027". 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, AGILE REAL ESTATE PRIVATE LIMITED, classified as N/A, 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) U70102MH2008PTC177239 further bolster its credibility. With a coupon rate of 6, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. 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 1000000 with an issue size of 252. It was allotted on 2/1/2023 and is scheduled for redemption on 6/30/2027. 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: Such other securities as maybe required for by the Debenture Trustee – 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 INE396O07046 having a coupon rate of 6% and the bond with ISIN INE396O07012 having a coupon rate of 6% and the bond with ISIN INE396O07038 having a coupon rate of 6%. 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.