Astrum Value Homes Private Limited
INACTIVE
ISIN: INE0P7T07013
Issuer Details
Issuer Name
ASTRUM VALUE HOMES PRIVATE L...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
8%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70200HR2009PTC039688
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
8% SECURED UNRATED UNLISTED ...
Face Value (in ₹)
961467.89
Total Issue size( in ₹ Cr.)
109
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
09-03-2023
Redemption Date
08-03-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
movable and current assets of the Company as per PAS4 and MCF
Asset Type
Details of the security
Immovable Assets
first ranking exclusive security interest by way of mortgage by deposit of title deeds, to be created by Mr. Om Chaudhry, over 54 Plots in Astrum Grandview Phase II Project, admeasuring in the aggregate 63,382 sq. ft., situated lying and being at Bandipalya, Nanjangud Road, Mysore, Karnataka
Immovable Assets
Mortgage by deposit of title deeds over immoveable property admeasuring approximately 8.65 acres, situated lying and being at Bandipalya, Nanjangud Road, Mysore, Karnataka as per PAS4 and MCF
Immovable Assets
first ranking exclusive security interest by way of mortgage by deposit of title deeds, to be created by Fire Luxur Developers Private Limited, over immoveable property admeasuring approximately 191.08 acres, situated lying and being at Lakkur Hobli, Chikkathirupathi Post Malur Taluk Kolar, Karnataka
Movable Asset
movable and current assets of the Company as per PAS4 and MCF
Others, Please Specify
pledge over 51% equity stake to be acquired by the Company from FIRE Bangalore Ventures Private Limited as per PAS4 and MCF
Book Debts / Receivables
first ranking exclusive security interest by way of hypothecation over receivables arising from the properties as mentioned in the form PAS4 attached and MCF
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
Similar Bonds
DHFL INVESTMENTS LIMITED
ISIN: INE005X08018
Coupon Rate
9%
Face Value (in ₹)
1000000
WELSPUN AUNTA-SIMARIA PROJECT PRIVATE LIMITED
ISIN: INE002Z08077
Face Value (in ₹)
100
MJR BUILDERS PRIVATE LIMITED
ISIN: INE0NO807016
Coupon Rate
16%
Face Value (in ₹)
100000
RENEW POWER PRIVATE LIMITED
ISIN: INE003S07247
Coupon Rate
9.3%
Face Value (in ₹)
100000
About Astrum Value Homes Private Limited bond with ISIN: INE0P7T07013
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 INE0P7T07013, represents a significant financial instrument. Issued by ASTRUM VALUE HOMES PRIVATE LIMITED, it comes with the following description: "8% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 1 DATE OF MATURITY 08/03/2025". 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, ASTRUM VALUE 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) U70200HR2009PTC039688 further bolster its credibility. With a coupon rate of 8, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 961467.89 with an issue size of 109. It was allotted on 3/9/2023 and is scheduled for redemption on 3/8/2025. 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: movable and current assets of the Company as per PAS4 and MCF – 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.