Brd Securities Ltd
ACTIVE
ISIN: INE04WF07409
Issuer Details
Issuer Name
BRD SECURITIES LTD
Type of Issuer
Non PSU
Sector
-
Coupon Rate
11%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U67120KL1993PLC007022
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
11% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
1.7121
Category of Instrument
-
Allotment Date
02-02-2019
Redemption Date
02-02-2029
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
SECURED BY HYPOTHECATION OF RECEIVABLES
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About Brd Securities Ltd bond with ISIN: INE04WF07409
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 INE04WF07409, represents a significant financial instrument. Issued by BRD SECURITIES LTD, it comes with the following description: "11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES BM- MONTHLY. DATE OF MATURITY 02/02/2029". 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, BRD SECURITIES LTD, 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) U67120KL1993PLC007022 further bolster its credibility. With a coupon rate of 11%, 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 1000 with an issue size of 1.7121. It was allotted on 2/2/2019 and is scheduled for redemption on 2/2/2029. 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: SECURED BY HYPOTHECATION OF RECEIVABLES – 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 INE04WF07391 having a coupon rate of RESET RATE - REFER REMARKS and the bond with ISIN INE04WF07383 having a coupon rate of RESET RATE and the bond with ISIN INE04WF07268 having a coupon rate of RESET RATE and the bond with ISIN INE04WF07623 having a coupon rate of 11%. 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.