Bollineni Developers Limited
INACTIVE
ISIN: INE449N07011
Issuer Details
Issuer Name
BOLLINENI DEVELOPERS LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
N.A%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U65990TG1996PLC024371
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
SECURED UNLISTED UNRATED RED...
Face Value (in ₹)
482379.24
Total Issue size( in ₹ Cr.)
29
Category of Instrument
-
Allotment Date
06-05-2021
Redemption Date
06-05-2024
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
EXCLUSIVE FIRST CHARGE BY WAY OF AN EQUITABLE MORTGAGE ON THE DEVELOPERS SHARES OF UNDERLYING LAND, CONSTRUCTED AREA, UNSOLD UNITS AND FUTURE RECEIVABLES FROM SOLD AND UNSOLD UNITS OF THE PROJECT HAMLET. HYPOTHECATION OF DEVELOPERS SHARE OF CASH FLOWS FROM THE PROJECT HAMLET. RIGHT ON SALE.
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About Bollineni Developers Limited bond with ISIN: INE449N07011
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 INE449N07011, represents a significant financial instrument. Issued by BOLLINENI DEVELOPERS LIMITED, it comes with the following description: "SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 06/05/2024". 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, BOLLINENI DEVELOPERS 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) U65990TG1996PLC024371 further bolster its credibility. With a coupon rate of N.A, 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 482379.24 with an issue size of 29. It was allotted on 5/6/2021 and is scheduled for redemption on 5/6/2024. 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: EXCLUSIVE FIRST CHARGE BY WAY OF AN EQUITABLE MORTGAGE ON THE DEVELOPERS SHARES OF UNDERLYING LAND, CONSTRUCTED AREA, UNSOLD UNITS AND FUTURE RECEIVABLES FROM SOLD AND UNSOLD UNITS OF THE PROJECT HAMLET. HYPOTHECATION OF DEVELOPERS SHARE OF CASH FLOWS FROM THE PROJECT HAMLET. RIGHT ON SALE. – 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_CA04012022_1. 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.