Alder Residency Private Limited
ACTIVE
ISIN: INE0I1C07029
Issuer Details
Issuer Name
ALDER RESIDENCY PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Construction Materials
Coupon Rate
12%
Industry
Other Construction Materials
Issuer nature
Other
Corporate Identity Number (CIN)
U45201MH2008PTC182570
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
12% SECURED RATED LISTED RED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
65
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
01-12-2023
Redemption Date
30-04-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
NA
Asset Type
Details of the security
Trust & Retention Account /Escrow Accounts
Afirst ranking exclusive charge on the accounts
Non-Current Investments
Afirst ranking exclusive pledge of 100% shares of the Company on fully diluted basis in accordance with the terms of Share Pledge Agreements within the timelines specified in the Debenture Trust Deed.
Others, Please Specify
Personal Guarantee from Mr Parag Munot and Corporate Guarantee from Abhiruchi Orchards Private Limited
Movable Asset
Afirst ranking exclusive charge over the movable fixed assets of the Company
Current Assets
Afirst ranking exclusive charge over the current assets of the Company
Tangible Assets
NA
Intangible Assets
NA
Book Debts / Receivables
Afirst ranking exclusive charge over all cash flows and receivables of the Company
Immovable Assets
Afirst ranking exclusive charge over the entire land building structure and potential development rights in relation to Project Vivant being developed by the Company situated at Jogeshwari Mumbai Project Vivant
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About Alder Residency Private Limited bond with ISIN: INE0I1C07029
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 INE0I1C07029, represents a significant financial instrument. Issued by ALDER RESIDENCY PRIVATE LIMITED, it comes with the following description: "12% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 30/04/2027". 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, ALDER RESIDENCY 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) U45201MH2008PTC182570 further bolster its credibility. With a coupon rate of 12, 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 100000 with an issue size of 65. It was allotted on 12/1/2023 and is scheduled for redemption on 4/30/2027. 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. The bond carries a credit rating of BB+ as provided by INDIA RATING AND RESEARCH 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: NA – 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, INDIA RATING AND RESEARCH PVT. LTD_06-06-2024. 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 INE0I1C07011 having a coupon rate of 12% and the bond with ISIN IN80I1C07012 having a coupon rate of 12%. 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.