Bengal Aerotropolis Projects Ltd
ACTIVE
ISIN: INE113L07074
Issuer Details
Issuer Name
BENGAL AEROTROPOLIS PROJECTS...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
RESET RATE%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U35303WB2007PLC117120
Name of the Lead Manager
-
Registrar
Maheshwari Datamatics Privat...
Name of Debenture Trustee
PNBINVESTMENTSERVICESLTD.
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED RATED UNL...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
146.97
Category of Instrument
-
Allotment Date
01-12-2020
Redemption Date
31-08-2030
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
1ST PARI PASU CHARGE ALONG WITH OTHER TERM LENDERS INCLUDING NCD AND LENDERS OF THE NCB FACILITIES ON- AIRPORT LAND OF 650 ACRES AND STRUCTURE OF THE AIRPORT WILL CONTINUE TO BE MORTGAGED TILL THE LOAN IS OUTSTANDING . FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
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About Bengal Aerotropolis Projects Ltd bond with ISIN: INE113L07074
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 INE113L07074, represents a significant financial instrument. Issued by BENGAL AEROTROPOLIS PROJECTS LTD, it comes with the following description: "RESET RATE SECURED RATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURES.DATE OF MATURITY 31/08/2030". 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, BENGAL AEROTROPOLIS PROJECTS LTD, 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) U35303WB2007PLC117120 further bolster its credibility. With a coupon rate of RESET RATE, this instrument has been meticulously managed with the assistance of Maheshwari Datamatics Private Limited and under the oversight of PNBINVESTMENTSERVICESLTD., ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100 with an issue size of 146.97. It was allotted on 12/1/2020 and is scheduled for redemption on 8/31/2030. 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: 1ST PARI PASU CHARGE ALONG WITH OTHER TERM LENDERS INCLUDING NCD AND LENDERS OF THE NCB FACILITIES ON- AIRPORT LAND OF 650 ACRES AND STRUCTURE OF THE AIRPORT WILL CONTINUE TO BE MORTGAGED TILL THE LOAN IS OUTSTANDING . 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. There are no additional documents available for this bond. These documents serve as a reference for additional details and provide transparency to interested parties. No similar bonds are listed at this time. 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.