Arun Excello Homes Private Limited
INACTIVE
ISIN: INE538M07138
Issuer Details
Issuer Name
ARUN EXCELLO HOMES PRIVATE L...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
18.5%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45200TN2007PTC065648
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
18.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
6
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
07-10-2023
Redemption Date
31-12-2024
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal
Asset Percentage
150%
Details of Asset Cover
First ranking sole and exclusive charge and Equitable mortgage on the Projects to the satisfaction of the Trustee as identified in the Debenture Trust Deed with possession of Development/Title Documents
Asset Type
Details of the security
Immovable Assets
First ranking sole and exclusive charge and Equitable mortgage on the Projects to the satisfaction of the Trustee as identified in the Debenture Trust Deed with possession of Development/Title Documents
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About Arun Excello Homes Private Limited bond with ISIN: INE538M07138
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 INE538M07138, represents a significant financial instrument. Issued by ARUN EXCELLO HOMES PRIVATE LIMITED, it comes with the following description: "18.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/12/2024.". 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, ARUN EXCELLO 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) U45200TN2007PTC065648 further bolster its credibility. With a coupon rate of 18.5, 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 6. It was allotted on 10/7/2023 and is scheduled for redemption on 12/31/2024. 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 sole and exclusive charge and Equitable mortgage on the Projects to the satisfaction of the Trustee as identified in the Debenture Trust Deed with possession of Development/Title Documents – 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 INE538M08052 having a coupon rate of 0.1% and the bond with ISIN INE538M08045 having a coupon rate of NA and the bond with ISIN INE538M08037 having a coupon rate of NA and the bond with ISIN INE538M07104 having a coupon rate of 15%. 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.