Arena Orchards Private Limited
ACTIVE
ISIN: INE0M9N07015
Issuer Details
Issuer Name
ARENA ORCHARDS PRIVATE LIMIT...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
6%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U01403MH2007PTC172833
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
6% SECURED UNRATED UNLISTED ...
Face Value (in ₹)
550000
Total Issue size( in ₹ Cr.)
150
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
25-08-2022
Redemption Date
30-06-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
148%
Details of Asset Cover
Share Pledge Agreement
Asset Type
Details of the security
Others, Please Specify
Postdated Cheques of the Company, Ambrosia Enviro Farms Private Limited, Arena Enviro Farms Private Limited, Kalpataru Limited and Kalpataru Land Private Limited for the repayment amounts of interest, and principal
Others, Please Specify
Demand Promissory Note for the repayment amounts of interest and principal from the Company, Ambrosia Enviro Farms Private Limited, Arena Enviro Farms Private Limited, Kalpataru Limited, Kalpataru Hills Residency Private Limited and Kalpataru Land Private Limited
Others, Please Specify
Corporate Guarantee
Others, Please Specify
Cross collateralization of securities between all the aforesaid Security Providers along with their Corporate Guarantee, Such other security as may be required by the Debenture Trustee and provided by the Obligors in favour of the Debenture Trustee.
Immovable Assets
Residential project to be developed by the Company, Ambrosia Enviro Farms Private Limited and Arena Enviro Farms Private Limited on total land parcel admeasuring 88.52 acres at Karjat Maharashtra comprising of total saleable area of 24,72,058 sft.
Immovable Assets
Exclusive first charge and mortgage by way of mortgage (without possession) over the Fursungi Property owned by Kalpataru Land Pvt Ltd
Others, Please Specify
Unconditional and irrevocable Personal Guarantee by the Promoter, Mr. Parag M. Munot in favour of the Debenture Trustee
Others, Please Specify
Share Pledge Agreement
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About Arena Orchards Private Limited bond with ISIN: INE0M9N07015
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 INE0M9N07015, represents a significant financial instrument. Issued by ARENA ORCHARDS PRIVATE LIMITED, it comes with the following description: "6% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 30/06/2027". 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, ARENA ORCHARDS 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) U01403MH2007PTC172833 further bolster its credibility. With a coupon rate of 6, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 550000 with an issue size of 150. It was allotted on 8/25/2022 and is scheduled for redemption on 6/30/2027. 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: Share Pledge Agreement – 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 INE0M9N07023 having a coupon rate of 6%. 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.