Ashv Finance Limited

About Ashv Finance Limited bond with ISIN: INE411R07194

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 INE411R07194, represents a significant financial instrument. Issued by ASHV FINANCE LIMITED, it comes with the following description: "12.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 29/03/2026.". 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, ASHV FINANCE 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) U65910MH1998PLC333546 further bolster its credibility. With a coupon rate of 12.5, this instrument has been meticulously managed with the assistance of Satellite Corporate Services Pvt. 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 10000 with an issue size of 20. It was allotted on 3/29/2023 and is scheduled for redemption on 3/29/2026. 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. The bond carries a credit rating of BBB- as provided by Acuite Ratings And Research Limited. In the market, ratings typically range from D to AAA, and a rating of BBB- 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 by way of a first ranking exclusive, and continuing charge on receivables created pursuant to the agreement of hypothecation to be executed between the Company and the Debenture Trustee as described herein. The Issuer undertakes to maintain the value of security at all times equal to 1.10 time or 110 percent the aggregate amount of principal outstanding of the Debentures where at least 1.10 time or 110 percent of the security cover is from principal receivables – 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 Acuite Ratings And Research Limited_10-06-2024, Acuite Ratings And Research Limited_15-02-2024, Acuite Ratings And Research Limited_07-11-2023, Acuite Ratings And Research Limited_28-06-2023. 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 INE411R07228 having a coupon rate of 12.25% and the bond with ISIN INE411R07145 having a coupon rate of 12.25% and the bond with ISIN INE411R07111 having a coupon rate of 13.3% and the bond with ISIN INE411R07152 having a coupon rate of 12.9%. 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.