Casa Grande Milestone Private Limited
INACTIVE
ISIN: INE05GA07020
Issuer Details
Issuer Name
CASA GRANDE MILESTONE PRIVAT...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
10%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U74900TN2015PTC101478
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
10% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
52.5
Category of Instrument
Plain Vanilla Debentures
Allotment Date
25-07-2022
Redemption Date
30-06-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
FIRST RANKING CHARGE BY WAY OF MORTGAGE BY DEPOSIT OF TITLE DEEDS (AND REGISTRATION THEREOF) ON CASAGRAND BUILDER PRIVATE LIMITED¿¿S (¿¿CG BUILDER¿¿) AND THE LAND OWNERS (AS APPLICABLE) OF THE ENTIRE RIGHT, TITLE AND INTEREST: (A) ON ALL THE PIECE AND PARCEL OF LANDS ADMEASURING ACRES 3 AND 97.80 CENTS SITUATED IN NEELANKARAI AND SEEVARAM VILLAGES, FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
Asset Type
Details of the security
Movable Asset - Machineries & Plant
First ranking charge by way of hypothecation over the hypothecated property in respect of all right, title and interest in the Project, receivables arising therefrom, together with all and any interest accruing in respect thereof, escrow accounts, construction account and other bank accounts of CG Builder in relation to Project and in respect of the escrow accounts opened by the Company
Immovable Assets - Properties
First ranking charge by way of mortgage by deposit of title deeds (and registration thereof) on Casagrand Builder Private Limited’s (“CG Builder”) and the land owners (as applicable) of the entire right, title and interest: (a) on all the piece and parcel of lands admeasuring Acres 3 and 97.80 Cents situated in neelankarai and seevaram villages
Trust & Retention Account /Escrow Accounts
Setting up of the escrow accounts and construction account wherein receivables from Project and repayment amounts shall be deposited and first charge by way of hypothecation of the said escrow accounts and construction account shall be created
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About Casa Grande Milestone Private Limited bond with ISIN: INE05GA07020
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 INE05GA07020, represents a significant financial instrument. Issued by CASA GRANDE MILESTONE PRIVATE LIMITED, it comes with the following description: "10% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES II. DATE OF MATURITY 30/06/2025.". 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, CASA GRANDE MILESTONE 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) U74900TN2015PTC101478 further bolster its credibility. With a coupon rate of 10%, 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 100000 with an issue size of 52.5. It was allotted on 7/25/2022 and is scheduled for redemption on 6/30/2025. 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: FIRST RANKING CHARGE BY WAY OF MORTGAGE BY DEPOSIT OF TITLE DEEDS (AND REGISTRATION THEREOF) ON CASAGRAND BUILDER PRIVATE LIMITED¿¿S (¿¿CG BUILDER¿¿) AND THE LAND OWNERS (AS APPLICABLE) OF THE ENTIRE RIGHT, TITLE AND INTEREST: (A) ON ALL THE PIECE AND PARCEL OF LANDS ADMEASURING ACRES 3 AND 97.80 CENTS SITUATED IN NEELANKARAI AND SEEVARAM VILLAGES, 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. Additionally, there are similar bonds in the market such as the bond with ISIN INE05GA07038 having a coupon rate of 10%. 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.