Babcock Borsig Limited
INACTIVE
ISIN: INE434K07019
Issuer Details
Issuer Name
BABCOCK BORSIG LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
IL&FS BENCHMARK LINKED%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U67120WB1993PLC058690
Name of the Lead Manager
-
Registrar
Maheshwari Datamatics Privat...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
BENCHMARK RATE OF IL&FS FINA...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
125
Category of Instrument
-
Allotment Date
28-04-2017
Redemption Date
31-03-2023
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
FACILITY WILL BE SECURED BY (a) MORTGAGE OF LAND- MORTGAGE OF LAND PARCEL AT NEEMRANA, RAJASTHAN ADMEASURING APPROXIMATELY 156 ACRES..CONTACT ISSUER FOR FURTHER DETAILS
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About Babcock Borsig Limited bond with ISIN: INE434K07019
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 INE434K07019, represents a significant financial instrument. Issued by BABCOCK BORSIG LIMITED, it comes with the following description: "BENCHMARK RATE OF IL&FS FINANCIAL SERVICES LTD LINKED SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 31/03/2023". 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, BABCOCK BORSIG 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) U67120WB1993PLC058690 further bolster its credibility. With a coupon rate of IL&FS BENCHMARK LINKED, this instrument has been meticulously managed with the assistance of Maheshwari Datamatics 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 1000000 with an issue size of 125. It was allotted on 4/28/2017 and is scheduled for redemption on 3/31/2023. Categorized under "-" 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: FACILITY WILL BE SECURED BY (a) MORTGAGE OF LAND- MORTGAGE OF LAND PARCEL AT NEEMRANA, RAJASTHAN ADMEASURING APPROXIMATELY 156 ACRES..CONTACT ISSUER FOR FURTHER DETAILS – 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 INE434K07027 having a coupon rate of IL&FS BENCHMARK LINKED. 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.