Annapurna Finance Private Limited
ACTIVE
ISIN: INE515Q07509
Issuer Details
Issuer Name
ANNAPURNA FINANCE PRIVATE LI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10.68%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U65999OR1986PTC015931
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
10.68% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
7.5
Category of Instrument
-
Allotment Date
23-04-2021
Redemption Date
22-04-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
SECURED BY WAY OF FIRST RANKING EXCLUSIVE CHARGE CREATED OVER THE SECURED PROPERTY, BOTH PRESENT AND FUTURE, WITH AN ASSETS COVER OF TO BE MAINTAINED BY THE COMPANY AT 1 TIMES OF THE PRINCIPAL AMOUNTS OUTSTANDING ON THEDEBENTURES TO BE ISSUED BY THE COMPANY, UNDER OR PURSUANT TO THE DEED OF HYPOTHECATION. FOR MORE DETAILS CONTACT ISSUER.
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About Annapurna Finance Private Limited bond with ISIN: INE515Q07509
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 INE515Q07509, represents a significant financial instrument. Issued by ANNAPURNA FINANCE PRIVATE LIMITED, it comes with the following description: "10.68% SECURED UNRATED UNLISTED TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 22/04/2027". 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, ANNAPURNA FINANCE 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) U65999OR1986PTC015931 further bolster its credibility. With a coupon rate of 10.68%, this instrument has been meticulously managed with the assistance of N/A 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 7.5. It was allotted on 4/23/2021 and is scheduled for redemption on 4/22/2027. Categorized under "-" 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: SECURED BY WAY OF FIRST RANKING EXCLUSIVE CHARGE CREATED OVER THE SECURED PROPERTY, BOTH PRESENT AND FUTURE, WITH AN ASSETS COVER OF TO BE MAINTAINED BY THE COMPANY AT 1 TIMES OF THE PRINCIPAL AMOUNTS OUTSTANDING ON THEDEBENTURES TO BE ISSUED BY THE COMPANY, UNDER OR PURSUANT TO THE DEED OF HYPOTHECATION. FOR MORE DETAILS CONTACT ISSUER. – 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 INE515Q07566 having a coupon rate of 11.35% and the bond with ISIN INE515Q07608 having a coupon rate of 10.9% and the bond with ISIN INE515Q07491 having a coupon rate of 9.82% and the bond with ISIN INE515Q08101 having a coupon rate of 13%. 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.