Axiscades Technologies Limited
ACTIVE
ISIN: INE555B07036
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.
Asset Type
Details of the security
Others, Please Specify
Pledge over 100% shareholding of subsidiary as specified as per Transaction Documents
Others, Please Specify
Corporate Guarantees from subsidiaries of the Company as specified as per Transaction Documents
Movable Asset
First paripassu charge over all movable assets of the Company.
Movable Asset
First paripassu charge over all movable assets of the subsidiaries of the Company as per Transaction Documents
Immovable Assets
First paripassu charge over all immovable asset of the Company as per Transaction Documents
Immovable Assets
First paripassu charge over all immovable asset of the subsidiaries of the Company as per Transaction Documents
Current Assets
First paripassu charge over all Current assets of the Company.
Current Assets
First paripassu charge over all current assets of the subsidiaries of the Company as per Transaction Documents
Others, Please Specify
Non Disposal Undertaking /Negative Lien on Shares and assets of the subsidiaries of the Company as specified as per Transaction Documents
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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.