Anand Rathi Global Finance Limited

About Anand Rathi Global Finance Limited bond with ISIN: INE093JB7YH7

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 INE093JB7YH7, represents a significant financial instrument. Issued by ANAND RATHI GLOBAL FINANCE LIMITED, it comes with the following description: "NIFTY50 INDEX LINKED SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES SERIES II ARG24SP192 DATE OF MATURITY 19/05/2029.". 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, ANAND RATHI GLOBAL FINANCE 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) U67190MH1982PLC140380 further bolster its credibility. With a coupon rate of NIFTY50, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 16.88. It was allotted on 3/6/2024 and is scheduled for redemption on 5/19/2029. Categorized under "STRUCTURED/MARKET LINKED DEBENTURES (MLDS)" 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: The debentures shall be secured by way of: (a) pari passu mortgage and charge over the Mortgaged Premises (b) a first ranking pari passu charge on the receivables, current assets, Investment and other movable tangible assets of the Company through the Deed of Hypothecation and/or any other security document/instrument to be entered into from time to time to the extent of face value multiplied by Up capture value if any of the debentures outstanding at any point of time – 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 INE093J074Q2 having a coupon rate of NIFTY LINKED and the bond with ISIN INE093J072W4 having a coupon rate of NIFTY LINKED and the bond with ISIN INE093J074F5 having a coupon rate of NIFTY LINKED and the bond with ISIN INE093J070V0 having a coupon rate of NIFTY LINKED. 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.