Artistery House Private Limited
ACTIVE
ISIN: INE0EQU07021
Issuer Details
Issuer Name
ARTISTERY HOUSE PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
7%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70101WB1999PTC090283
Name of the Lead Manager
-
Registrar
CB Management Services Priva...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
7% SECURED UNRATED UNLISTED ...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
225
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
05-09-2022
Redemption Date
01-08-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
125%
Details of Asset Cover
first ranking exclusive charge over all fixed assets (including all that piece and parcel of land measuring 5 Bighas 7 Cottahs 3 Chittaks 8 Square Feet (equivalent to more or less 7170.535 Sq. Mt.), more or less together with the central lawn and surrounding carriage ways containing a total area of 50 Cottahs more or less, together with structure lying and situate at and being 1, Park Mansions, Muncipial Premises No. 57A, Park Street (formerly Premises Nos. 1 to 20, 20A and 21 to 44, Park Street
Asset Type
Details of the security
Current Assets
An exclusive charge over the book debts, current assets, movable properties of the Company including interest service reserve amounts, including any investments (made/to be made in mutual funds or fixed deposits or otherwise) using the moneys arising out of the aforesaid agreements and any proceeds received from any lease discounting facilities availed by the Company
Trust & Retention Account /Escrow Accounts
first ranking exclusive charge by way of hypothecation over (A) the cashflows/rents from new rental agreements to be entered into by ALPPL in connection with the project to be developed at Kalinganagar (B) any investments (made/to be made in mutual funds or fixed deposits or otherwise) using the moneys arising out of the aforesaid agreements and (C) any proceeds received from any lease discounting facilities availed by ALPPL
Trust & Retention Account /Escrow Accounts
first ranking exclusive charge by way of hypothecation over (A) the cashflows/rents (both present and future) from (i) the existing rental agreements entered into by AIPL and (ii) any new rental agreements to be entered by AIPL, in connection with the project to be developed at Hide Road (B) any investments made/to be made in mutual funds or fixed deposits or otherwise using the moneys arising out of the aforesaid agreements and any proceeds received from any lease discounting facilities by AIPL
Trust & Retention Account /Escrow Accounts
all the movable assets, removable structures and current assets of AIPL, both present and future (E) the relevant escrow accounts of AIPL and all the moneys, securities, instruments and other investments, deposited in, credited to or required to be deposited in or credited to, such escrow accounts, in terms of the definitive agreements
Trust & Retention Account /Escrow Accounts
first ranking exclusive charge by way of hypothecation over the cashflows and rents from new rental agreements to be entered into by AGLP in connection with the project to be developed at Ballabhgarh, any investments made or to be made in mutual funds or fixed deposits or otherwise using the moneys arising out of the aforesaid agreements and any proceeds received from any lease discounting facilities availed by AGLP
Book Debts / Receivables
first ranking exclusive charge by way of hypothecation over all the amounts/receivables from the AGLP, AILPL, ALPPL and AIPL to the Company whether as amounts due in relation to unsecured loans or advances granted by the Company or any receivables/amounts due under the development agreement to the Company.
Book Debts / Receivables
Demand promissory note and letter of continuity, to be issued by the Issuer and A corporate guarantee provided by each Corporate Guarantor.
Trust & Retention Account /Escrow Accounts
the relevant escrow accounts of AILPL and all the moneys, securities, instruments and other investments, deposited in, credited to or required to be deposited in or credited to, such escrow accounts, in terms of the definitive agreements
Immovable Assets
first ranking exclusive charge over all fixed assets (including all that piece and parcel of land measuring 5 Bighas 7 Cottahs 3 Chittaks 8 Square Feet (equivalent to more or less 7170.535 Sq. Mt.), more or less together with the central lawn and surrounding carriage ways containing a total area of 50 Cottahs more or less, together with structure lying and situate at and being 1, Park Mansions, Muncipial Premises No. 57A, Park Street (formerly Premises Nos. 1 to 20, 20A and 21 to 44, Park Street
Movable Asset
first ranking exclusive pledge on 100% (one hundred per cent) equity shares of the Issuer by the GESPL, excluding the excluded shareholding. first ranking exclusive pledge on 100% (one hundred per cent) equity shares of AIPL by Apeejay Private Limited (APL), excluding the nominee shareholding. non disposal undertaking by the APL of its 100% (one hundred per cent) shareholding in AIPL, excluding the nominee shareholding.
Trust & Retention Account /Escrow Accounts
the relevant escrow accounts of AGLP and all the moneys, securities, instruments and other investments, deposited in, credited to or required to be deposited in or credited to, such escrow accounts, in terms of the definitive agreements
Trust & Retention Account /Escrow Accounts
the relevant escrow accounts of ALPPL and all the moneys, securities, instruments and other investments, deposited in, credited to or required to be deposited in or credited to, such escrow accounts, in terms of the definitive agreements.
Trust & Retention Account /Escrow Accounts
first ranking exclusive charge by way of hypothecation over the cashflows, rents from new rental agreements to be entered into by AILPL and/or in connection with the project to be developed at Haldia any investments (made/to be made in mutual funds or fixed deposits or otherwise) using the moneys arising out of the aforesaid agreements and (C) any proceeds received from any lease discounting facilities availed by AILPL
Book Debts / Receivables
An exclusive charge over the relevant escrow accounts of the Company and all the moneys, securities, instruments and other investments, deposited in, credited to or required to be deposited in or credited to, such escrow accounts, in terms of the definitive agreements.
Book Debts / Receivables
first ranking exclusive charge by way of hypothecation over the cashflows/rents (both present and future) from (i) existing rental agreements and new rental agreements entered/to be entered by the Issuer in relation to the existing development and any new rental agreements to be entered into by the Issuer in relation to the new development, any investments (made or to be made in mutual funds or fixed deposits or otherwise) using the moneys arising out of the aforesaid agreements. first ranking e
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About Artistery House Private Limited bond with ISIN: INE0EQU07021
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 INE0EQU07021, represents a significant financial instrument. Issued by ARTISTERY HOUSE PRIVATE LIMITED, it comes with the following description: "7% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES II TRANCHE 1 & 2.DATE OF MATURITY 01/08/2027.". 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, ARTISTERY HOUSE 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) U70101WB1999PTC090283 further bolster its credibility. With a coupon rate of 7, this instrument has been meticulously managed with the assistance of CB Management Services Private Limited 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 225. It was allotted on 9/5/2022 and is scheduled for redemption on 8/1/2027. 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: first ranking exclusive charge over all fixed assets (including all that piece and parcel of land measuring 5 Bighas 7 Cottahs 3 Chittaks 8 Square Feet (equivalent to more or less 7170.535 Sq. Mt.), more or less together with the central lawn and surrounding carriage ways containing a total area of 50 Cottahs more or less, together with structure lying and situate at and being 1, Park Mansions, Muncipial Premises No. 57A, Park Street (formerly Premises Nos. 1 to 20, 20A and 21 to 44, Park Street – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.