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  1. Home
  2. Axiscades Technologi...

Axiscades Technologies Limited

ACTIVE

ISIN: INE555B07036

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

AXISCADES TECHNOLOGIES LIMIT...

Type of Issuer

Non PSU

Sector

-

Coupon Rate

12.75%

Industry

-

Issuer nature

-

Corporate Identity Number (CIN)

L72200KA1990PLC084435

Name of the Lead Manager

INVESTEC CAPITAL SERVICES (I...

Registrar

KFIN TECHNOLOGIES PRIVATE LI...

Name of Debenture Trustee

Vistra ITCL (India) Limited

Instrument Details


Instrument name as on NSDL

12.75% SECURED UNRATED UNLIS...

Face Value (in ₹)

25000

Total Issue size( in ₹ Cr.)

165

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

21-06-2023

Redemption Date

21-06-2027

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal + Interest

Asset Percentage

120%

Details of Asset Cover

First paripassu charge over all movable assets of the Company.

Sr No.

Asset Type

Details of the security

1

Others, Please Specify

Pledge over 100% shareholding of subsidiary as specified as per Transaction Documents

2

Others, Please Specify

Corporate Guarantees from subsidiaries of the Company as specified as per Transaction Documents

3

Movable Asset

First paripassu charge over all movable assets of the Company.

4

Movable Asset

First paripassu charge over all movable assets of the subsidiaries of the Company as per Transaction Documents

5

Immovable Assets

First paripassu charge over all immovable asset of the Company as per Transaction Documents

6

Immovable Assets

First paripassu charge over all immovable asset of the subsidiaries of the Company as per Transaction Documents

7

Current Assets

First paripassu charge over all Current assets of the Company.

8

Current Assets

First paripassu charge over all current assets of the subsidiaries of the Company as per Transaction Documents

9

Others, Please Specify

Non Disposal Undertaking /Negative Lien on Shares and assets of the subsidiaries of the Company as specified as per Transaction Documents

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

AXISCADES TECHNOLOGIES LIMITED

ISIN: INE555B07044

Coupon Rate

12.75%

Face Value (in ₹)

25000


AXISCADES TECHNOLOGIES LIMITED

ISIN: INE555B07051

Coupon Rate

12

Face Value (in ₹)

100000


About Axiscades Technologies Limited bond with ISIN: INE555B07036

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 INE555B07036, represents a significant financial instrument. Issued by AXISCADES TECHNOLOGIES LIMITED, it comes with the following description: "12.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 21/06/2027.". 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, AXISCADES TECHNOLOGIES LIMITED, classified as N/A, 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) L72200KA1990PLC084435 further bolster its credibility. With a coupon rate of 12.75, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE 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 25000 with an issue size of 165. It was allotted on 6/21/2023 and is scheduled for redemption on 6/21/2027. 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: First paripassu charge over all movable assets of the Company. – 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 INE555B07044 having a coupon rate of 12.75% and the bond with ISIN INE555B07051 having a coupon rate of 12. 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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