Arun Excello Compact Homes Private Limited
ACTIVE
ISIN: INE036907041
Issuer Details
Issuer Name
ARUN EXCELLO COMPACT HOMES P...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
13.6%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U55209TN2016PTC113045
Name of the Lead Manager
-
Registrar
Cameo Corporate Services Ltd
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
13.60% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
28.2
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
04-01-2024
Redemption Date
30-06-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
150%
Details of Asset Cover
First and exclusive charge by way of mortgage over the Projects land, development rights, FSI, buildings, other under construction areas of the Projects
Asset Type
Details of the security
Immovable Assets
First and exclusive charge by way of mortgage over the Projects land, development rights, FSI, buildings, other under construction areas of the Projects
Others, Please Specify
Demand promissory note from the Issuer, Obligor and the Promoters
Others, Please Specify
Financial Indemnity / Corporate Guarantee from Group Entity and the Obligor
Book Debts / Receivables
First & exclusive charge by way of hypothecation of entire cashflows including receivables from booked / sold area and future sales of the Projects
Immovable Assets
First and exclusive charge by way of mortgage over present and future sold and unsold flats of the Projects
Others, Please Specify
Shortfall undertaking from the Issuer, Obligor and the Promoters for any actual or projected cost over runs compared to Cost to Complete specified above and / or any taxes if payable during the tenure of the Debentures.
Others, Please Specify
Personal guarantee of the Promoters
Others, Please Specify
Pledge/charge of 100% shareholding of the Issuer in demat form
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About Arun Excello Compact Homes Private Limited bond with ISIN: INE036907041
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 INE036907041, represents a significant financial instrument. Issued by ARUN EXCELLO COMPACT HOMES PRIVATE LIMITED, it comes with the following description: "13.60% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/06/2026". 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, ARUN EXCELLO COMPACT HOMES 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) U55209TN2016PTC113045 further bolster its credibility. With a coupon rate of 13.6, this instrument has been meticulously managed with the assistance of Cameo Corporate Services Ltd and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 28.2. It was allotted on 1/4/2024 and is scheduled for redemption on 6/30/2026. 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 and exclusive charge by way of mortgage over the Projects land, development rights, FSI, buildings, other under construction areas of the Projects – 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 INE002A08534 having a coupon rate of 9.05% and 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 INE003L07077 having a coupon rate of 14.25%XIRR AND 7.26 GSEC LINKED. 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.