Ativa Real Estate Developers Private Limited
ACTIVE
ISIN: INE0LY807024
Issuer Details
Issuer Name
ATIVA REAL ESTATE DEVELOPERS...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
14.35%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45209MH2019PTC320522
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
14.35% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
115
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
18-11-2022
Redemption Date
30-09-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
Guarantee of Shapoorji Pallonji and Company Private Limited on up to INR 225 cr. of the total outstanding amounts of the overall investment amount at any point in time during the Tenor
Asset Type
Details of the security
Movable Asset
Hypothecation receivables form the project Vanaha
Movable Asset
Guarantee of Shapoorji Pallonji and Company Private Limited on up to INR 225 cr. of the total outstanding amounts of the overall investment amount at any point in time during the Tenor.
Movable Asset
NDU in relation to partnership interest of developer held by High Point Properties Private Limited
Movable Asset
First pari passu charge on receivables from project called SP Infocity developed by Skyscape Developers Private Limited on a land admeasuring 9.4 acres located in Manesar, Gurgaon
Movable Asset
Guarantee of Shapoorji Pallonji and Company Private Limited on up to INR 225 cr. of the total outstanding amounts of the overall investment amount at any point in time during the Tenor
Movable Asset
Guarantee of Shapoorji Pallonji Real Estate Private Limited
Movable Asset
First pari passu charge on receivables from project called SP Infocity developed by Skyscape Developers Private Limited on a land admeasuring 9.4 acres located in Manesar, Gurgaon
Movable Asset
Pledge of shares of the Company
Movable Asset
Guarantee of Shapoorji Pallonji Real Estate Private Limited
Movable Asset
Guarantee of Skyscape Developers Private Limited
Movable Asset
Hypothecation receivables form the project Vanaha
Movable Asset
Demand Promissory Note
Movable Asset
Charge on all escrow accounts of the Project (excluding RERA designated account) and charge on the escrow accounts of the Company including the Issue Proceeds Account and Debt Payment Account
Movable Asset
Guarantee of Image Realty LLP
Immovable Assets
First pari passu charge on land admeasuring 41 acres or thereabout situated, lying and being at village lavale, Tauka Mulshi and District Pune including first pari passu charge on development rights in project called Vanaha being developed on the aforesaid land.
Immovable Assets
First pari passu charge on land admeasuring 41 acres or thereabout situated, lying and being at village lavale, Tauka Mulshi and District Pune including first pari passu charge on development rights in project called Vanaha being developed on the aforesaid land.
Movable Asset
Guarantee of Shapoorji Pallonji Real Estate Private Limited
Movable Asset
Non disposal undertaking to be executed by High Point Properties Private Limited in relation to partnership interest of Image Realty LLP held by it
Movable Asset
Hypothecation receivables form the project Vanaha
Movable Asset
Pledge of shares of the Company
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About Ativa Real Estate Developers Private Limited bond with ISIN: INE0LY807024
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 INE0LY807024, represents a significant financial instrument. Issued by ATIVA REAL ESTATE DEVELOPERS PRIVATE LIMITED, it comes with the following description: "14.35% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTABE DEBENTURES DATE OF MATURITY 30/09/2027". 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, ATIVA REAL ESTATE DEVELOPERS 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) U45209MH2019PTC320522 further bolster its credibility. With a coupon rate of 14.35, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 115. It was allotted on 11/18/2022 and is scheduled for redemption on 9/30/2027. 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: Guarantee of Shapoorji Pallonji and Company Private Limited on up to INR 225 cr. of the total outstanding amounts of the overall investment amount at any point in time during the Tenor – 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 INE0LY807016 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.