Ascend Bizcap Private Limited
INACTIVE
ISIN: INE0OKR07029
Issuer Details
Issuer Name
ASCEND BIZCAP PRIVATE LIMITE...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
16%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65999RJ2018PTC062101
Name of the Lead Manager
-
Registrar
RCMC Share Registry Pvt Limi...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
16% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
0.5
Category of Instrument
NON-CONVERTIBLE DEBENTURES (...
Allotment Date
12-06-2023
Redemption Date
01-06-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
120%
Details of Asset Cover
HPN on EV 3W LCV
Asset Type
Details of the security
Book Debts / Receivables
HPN on EV 3W LCV
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About Ascend Bizcap Private Limited bond with ISIN: INE0OKR07029
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 INE0OKR07029, represents a significant financial instrument. Issued by ASCEND BIZCAP PRIVATE LIMITED, it comes with the following description: "16% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 01/06/2025.". 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, ASCEND BIZCAP 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) U65999RJ2018PTC062101 further bolster its credibility. With a coupon rate of 16, this instrument has been meticulously managed with the assistance of RCMC Share Registry Pvt Limited and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 0.5. It was allotted on 6/12/2023 and is scheduled for redemption on 6/1/2025. Categorized under "NON-CONVERTIBLE DEBENTURES (LESS THAN ONE YEAR)" 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: HPN on EV 3W LCV – 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 INE0OKR07011 having a coupon rate of 16%. 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.