Arohan Financial Services Limited
INACTIVE
ISIN: INE808K07253
Issuer Details
Issuer Name
AROHAN FINANCIAL SERVICES LI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
9.54%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U74140WB1991PTC053189
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
9.54% SECURED UNLISTED RATED...
Face Value (in ₹)
410000
Total Issue size( in ₹ Cr.)
60
Category of Instrument
-
Allotment Date
30-03-2021
Redemption Date
30-03-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
THE DEBENTURES SHALL BE SECURED ON OR PRIOR TO THE DEEMED DATE OF ALLOTMENT BY WAY OF A FIRST RANKING EXCLUSIVE AND CONTINUING CHARGE TO BE CREATED PURSUANT TO AN UNATTESTED DEED OF HYPOTHECATION, DATED ON OR ABOUT THE DEEMED DATE OF ALLOTMENT, EXECUTED OR TO BE EXECUTED AND DELIVERED. FOR MORE DETAILS CONTACT ISSUER.
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About Arohan Financial Services Limited bond with ISIN: INE808K07253
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 INE808K07253, represents a significant financial instrument. Issued by AROHAN FINANCIAL SERVICES LIMITED, it comes with the following description: "9.54% SECURED UNLISTED RATED REDEEMABLE NON-CONVERTIBLE DEBENTURES.DATE OF MATURITY 30/03/2025". 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, AROHAN FINANCIAL SERVICES 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) U74140WB1991PTC053189 further bolster its credibility. With a coupon rate of 9.54%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 410000 with an issue size of 60. It was allotted on 3/30/2021 and is scheduled for redemption on 3/30/2025. 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. The bond carries a credit rating of A as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of A 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: THE DEBENTURES SHALL BE SECURED ON OR PRIOR TO THE DEEMED DATE OF ALLOTMENT BY WAY OF A FIRST RANKING EXCLUSIVE AND CONTINUING CHARGE TO BE CREATED PURSUANT TO AN UNATTESTED DEED OF HYPOTHECATION, DATED ON OR ABOUT THE DEEMED DATE OF ALLOTMENT, EXECUTED OR TO BE EXECUTED AND DELIVERED. 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. The bond is supported by a variety of documents including CARE RATINGS LIMITED_28-10-2024, CARE RATINGS LIMITED_04-06-2024, CARE RATINGS LIMITED_14-08-2023. 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 INE808K07279 having a coupon rate of 10.71% and the bond with ISIN INE808K08079 having a coupon rate of 13.65% and the bond with ISIN INE808K08046 having a coupon rate of RESET RATE (REFER REMARKS) and the bond with ISIN INE808K08061 having a coupon rate of 12.85%. 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.