Ahalia Finforex Limited
ACTIVE
ISIN: INE0LLX08110
Issuer Details
Issuer Name
AHALIA FINFOREX LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10.50%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65999KL2001PLC015075
Name of the Lead Manager
-
Registrar
Cameo Corporate Services Ltd
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
10.50% UNSECURED UNRATED UN...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
0.43
Category of Instrument
Plain Vanilla Debentures
Allotment Date
16-08-2022
Redemption Date
16-08-2027
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Cash Flow Schedule
Cash Flow Event
Record Date
-
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About Ahalia Finforex Limited bond with ISIN: INE0LLX08110
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 INE0LLX08110, represents a significant financial instrument. Issued by AHALIA FINFOREX LIMITED, it comes with the following description: "10.50% UNSECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE BOND SERIES - 3RD SERIES S1A1. DATE OF MATURITY 16/08/2027". 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, AHALIA FINFOREX 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) U65999KL2001PLC015075 further bolster its credibility. With a coupon rate of 10.50%, this instrument has been meticulously managed with the assistance of Cameo Corporate Services Ltd and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 0.43. It was allotted on 8/16/2022 and is scheduled for redemption on 8/16/2027. Categorized under "Plain Vanilla Debentures" and defined as Unsecured, 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 BB+ as provided by Infomerics Valuation and Rating Pvt. Ltd. In the market, ratings typically range from D to AAA, and a rating of BB+ 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: No specific asset cover description available. – 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 INE0LLX07302 having a coupon rate of N/A and the bond with ISIN INE0LLX07989 having a coupon rate of 10.5% and the bond with ISIN INE0LLX07BF0 having a coupon rate of 10.25% and the bond with ISIN INE0LLX07419 having a coupon rate of 9.75%. 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.