Amrit Malwa Capital Limited

About Amrit Malwa Capital Limited bond with ISIN: INE03XB07192

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 INE03XB07192, represents a significant financial instrument. Issued by AMRIT MALWA CAPITAL LIMITED, it comes with the following description: "14.75% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES CN.DATE OF MATURITY 31/03/2025". 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, AMRIT MALWA CAPITAL 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) U65921PB1987PLC007523 further bolster its credibility. With a coupon rate of 14.75%, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited 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 1000000 with an issue size of 25. It was allotted on 3/3/2022 and is scheduled for redemption on 3/31/2025. 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 BBB as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of BBB 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: THE ISSUE SHALL BE SECURED BY WAY OF A FIRST RANKING EXCLUSIVE AND CONTINUING CHARGE TO BE CREATED PURSUANT TO THE DEED OF HYPOTHECATION TO BE EXECUTED BETWEEN THE ISSUER AND THE DEBENTURE TRUSTEE (DEED OF HYPOTHECATION) OVER CERTAIN IDENTIFIED RECEIVABLES OF THE ISSUER (THE HYPOTHECATED ASSETS). OVERALL SECURITY COVER OF 1.16X THE VALUE OF THE OUTSTANDING PRINCIPAL AMOUNTS AND ACCRUED INTEREST OF THE DEBENTURES SHALL BE MAINTAINED AT ALL TIMES UNTIL THE REDEMPTION OF THE DEBENTURES – 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 CARE RATINGS LIMITED_30-04-2024, CARE RATINGS LIMITED_06-02-2024, CARE RATINGS LIMITED_28-11-2022, CARE RATINGS LIMITED_30-06-2022. 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 INE03XB07069 having a coupon rate of 11% and the bond with ISIN INE03XB07051 having a coupon rate of 11% and the bond with ISIN INE03XB07176 having a coupon rate of 11% and the bond with ISIN INE03XB07093 having a coupon rate of 11%. 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.