Amrit Malwa Capital Limited
INACTIVE
ISIN: INE03XB07267
Issuer Details
Issuer Name
AMRIT MALWA CAPITAL LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
14.75%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65921PB1987PLC007523
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
14.75% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
Plain Vanilla Debentures
Allotment Date
31-03-2022
Redemption Date
15-09-2024
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
110%
Details of Asset Cover
FIRST RANKING, EXCLUSIVE, CURRENT, AND CONTINUING CHARGE OF 1.1X COVER OF OUTSTANDING AMOUNTS; OUT OF WHICH MINIMUM 70% CONSISTING OF LOANS BACKED BY 2-WHEELER ASSETS & REMAINING 30% CAN BE LOANS BACKED BY 3-WHEELER ASSETS
Asset Type
Details of the security
Current Assets
FIRST RANKING, EXCLUSIVE, CURRENT, AND CONTINUING CHARGE OF 1.1X COVER OF OUTSTANDING AMOUNTS; OUT OF WHICH MINIMUM 70% CONSISTING OF LOANS BACKED BY 2-WHEELER ASSETS & REMAINING 30% CAN BE LOANS BACKED BY 3-WHEELER ASSETS
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About Amrit Malwa Capital Limited bond with ISIN: INE03XB07267
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 INE03XB07267, represents a significant financial instrument. Issued by AMRIT MALWA CAPITAL LIMITED, it comes with the following description: "14.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES .SERIES CO.DATE OF MATURITY 15/09/2024.". 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 N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 10. It was allotted on 3/31/2022 and is scheduled for redemption on 9/15/2024. 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 WITHDRAWN as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of WITHDRAWN 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: FIRST RANKING, EXCLUSIVE, CURRENT, AND CONTINUING CHARGE OF 1.1X COVER OF OUTSTANDING AMOUNTS; OUT OF WHICH MINIMUM 70% CONSISTING OF LOANS BACKED BY 2-WHEELER ASSETS & REMAINING 30% CAN BE LOANS BACKED BY 3-WHEELER ASSETS – 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_31-01-2025, CARE Ratings Limited_30-04-2024, CARE Ratings Limited_06-02-2024, CARE Ratings Limited_28-11-2022. 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.