Areion Finserve Private Limited
ACTIVE
ISIN: INE0O9807071
Issuer Details
Issuer Name
AREION FINSERVE PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
18%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U74899MH1975PTC430032
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Mitcon Trusteeship Services ...
Instrument Details
Instrument name as on NSDL
18% XIRR SECURED UNRATED UNL...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
6
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
30-05-2024
Redemption Date
30-05-2029
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
First ranking paripassu charge by way of hypothecation of Accounts receivables, Investments and Bank Balances of the company to the extent of face value of the NCDs excluding those Accounts receivables, Investments and Bank Balances of the company which are hypothecated or to be hypothecated by way of exclusive charge.
Asset Type
Details of the security
Book Debts / Receivables
First ranking paripassu charge by way of hypothecation of Accounts receivables, Investments and Bank Balances of the company to the extent of face value of the NCDs excluding those Accounts receivables, Investments and Bank Balances of the company which are hypothecated or to be hypothecated by way of exclusive charge.
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About Areion Finserve Private Limited bond with ISIN: INE0O9807071
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 INE0O9807071, represents a significant financial instrument. Issued by AREION FINSERVE PRIVATE LIMITED, it comes with the following description: "18% XIRR SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 30/05/2029.". 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, AREION FINSERVE 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) U74899MH1975PTC430032 further bolster its credibility. With a coupon rate of 18, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Mitcon Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100 with an issue size of 6. It was allotted on 5/30/2024 and is scheduled for redemption on 5/30/2029. 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. 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: First ranking paripassu charge by way of hypothecation of Accounts receivables, Investments and Bank Balances of the company to the extent of face value of the NCDs excluding those Accounts receivables, Investments and Bank Balances of the company which are hypothecated or to be hypothecated by way of exclusive charge. – 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 INE0O9807063 having a coupon rate of 17.8% and the bond with ISIN INE0O9807014 having a coupon rate of 18% and the bond with ISIN INE0O9807055 having a coupon rate of 17.8% and the bond with ISIN INE0O9807048 having a coupon rate of 17.8%. 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.