Azure Power (raj.) Private Limited

About Azure Power (raj.) Private Limited bond with ISIN: INE485T07020

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 INE485T07020, represents a significant financial instrument. Issued by AZURE POWER (RAJ.) PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF DEBENTURE 13/08/2026". 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, AZURE POWER (RAJ.) 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) U40106DL2010PTC207053 further bolster its credibility. With a coupon rate of RESET RATE( REFER REMARK), this instrument has been meticulously managed with the assistance of Alankit Assignments 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 1 with an issue size of 41. It was allotted on 8/24/2021 and is scheduled for redemption on 8/13/2026. Categorized under "N/A" 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: A FIRST PRIORITY SECURITY INTEREST (TO BE SHARED ON A PARI PASSU BASIS WITH CERTAIN OTHER INDEBTEDNESS OF THE ISSUER AS PERMITTED UNDER THE DEBENTURE TRUST DEED) OVER ALL (A) IMMOVABLE PROPERTIES, OF THE ISSUER IN RELATION TO THE RELEVANT PROJECT(S) DEVELOPED OR BEING DEVELOPED BY IT AND (B) MOVABLE PROPERTIES OF THE ISSUER, FOR MORE DETAILS PLEASE CONTACT TO ISSUER – 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 ISIN_AllotmentConfirmation_CA12102021_1. 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.