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  1. Home
  2. Billore Ventures Pri...

Billore Ventures Private Limited

INACTIVE

ISIN: INE0QLM07015

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

BILLORE VENTURES PRIVATE LIM...

Type of Issuer

Non PSU

Sector

Construction

Coupon Rate

17%

Industry

Construction

Issuer nature

Other

Corporate Identity Number (CIN)

U01403KA2012PTC066056

Name of the Lead Manager

-

Registrar

Link Intime India Private Li...

Name of Debenture Trustee

-

Instrument Details


Instrument name as on NSDL

17% SECURED UNRATED UNLISTED...

Face Value (in ₹)

100000

Total Issue size( in ₹ Cr.)

30

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

26-07-2023

Redemption Date

31-07-2025

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal + Interest

Asset Percentage

100%

Details of Asset Cover

Pledge of 100% shares of the issuing entity

Sr No.

Asset Type

Details of the security

1

Others, Please Specify

PDCs/UDCs/DPN for principal and interest amount

2

Immovable Assets

PROJECT LAND 2

3

Book Debts / Receivables

First and exclusive charge by way of hypothecation over receivables and escrow account(s) over the Project together with all the monies lying in the escrow account from time to time

4

Immovable Assets

Additional Security 1 acre converted residential land within BBMP limit located at Agrahara village, Yelahanka Hobli, Bangalore (valued at Rs 16 Cr) to be provided as additional security by way of equitable mortgage

5

Movable Asset

Pledge of 100% shares of the issuing entity

6

Others, Please Specify

Irrevocable and unconditional personal guarantee of Mr. Devraj U, Mr. Satish Kumar, Mr. Sanjay Suresha, Mr. Jagadish Kumar Patel, Mr. Nanda Kumar, Mr. John & any other promoter who is going to be the shareholder in the issuing entity

7

Immovable Assets

PROJECT LAND 1

8

Others, Please Specify

Corporate guarantee of entities to be identified during due diligence if any

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

BILLORE VENTURES PRIVATE LIMITED

ISIN: INE0QLM07023

Coupon Rate

16.99%

Face Value (in ₹)

100000


BILLORE VENTURES PRIVATE LIMITED

ISIN: INE0QLM07031

Coupon Rate

16.98%

Face Value (in ₹)

100000


About Billore Ventures Private Limited bond with ISIN: INE0QLM07015

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 INE0QLM07015, represents a significant financial instrument. Issued by BILLORE VENTURES PRIVATE LIMITED, it comes with the following description: "17% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT DATE OF MATURITY 31/07/2025.". 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, BILLORE VENTURES 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) U01403KA2012PTC066056 further bolster its credibility. With a coupon rate of 17, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 30. It was allotted on 7/26/2023 and is scheduled for redemption on 7/31/2025. 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: Pledge of 100% shares of the issuing entity – 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 INE0QLM07023 having a coupon rate of 16.99% and the bond with ISIN INE0QLM07031 having a coupon rate of 16.98%. 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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