Casa Grande Zest Private Limited
ACTIVE
ISIN: INE019Y07019
Issuer Details
Issuer Name
CASA GRANDE ZEST PRIVATE LIM...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
15%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U74999TN2016PTC112861
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
15% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
48
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
07-11-2022
Redemption Date
31-10-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
First ranking sole and exclusive charge on the Project Accounts(as defined in the Transaction Documents)
Asset Type
Details of the security
Others, Please Specify
First ranking charge by way of pledge over 100 (One Hundred Percent) share capital of the Company Non Disposal Undertaking in respect of 100 of the share capital of Casagrand Builder Private Limited held by its promoters and affiliates Corporate Guarantee of the Corporate Guarantor Such other security as may be required to maintain the minimum security cover, as may be required by the Debenture Trustee and Such other security as may be required by the Debenture Trustee.
Immovable Assets
First ranking charge by way of mortgage by deposit of title deeds and registration thereof on Companys entire right title and interest (a) on 9.29 Acres of land situated at Vengambakkam Chennai (Project Land) over which the villa houses project is being developed by the Company (collectively Project) (b) over the entire saleable area in the Project (c) over all Companys rights title interest etc over the Project
Trust & Retention Account /Escrow Accounts
Setting up of the escrow accounts and construction account wherein receivables from the 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
Movable Asset
First ranking charge by way of hypothecation over the hypothecated property in respect of Companys 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 Company in relation to Project
Book Debts / Receivables
First ranking sole and exclusive charge on the Project Accounts(as defined in the Transaction Documents)
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
DHFL INVESTMENTS LIMITED
ISIN: INE005X08018
Coupon Rate
9%
Face Value (in ₹)
1000000
WELSPUN AUNTA-SIMARIA PROJECT PRIVATE LIMITED
ISIN: INE002Z08077
Face Value (in ₹)
100
MJR BUILDERS PRIVATE LIMITED
ISIN: INE0NO807016
Coupon Rate
16%
Face Value (in ₹)
100000
RENEW POWER PRIVATE LIMITED
ISIN: INE003S07247
Coupon Rate
9.3%
Face Value (in ₹)
100000
About Casa Grande Zest Private Limited bond with ISIN: INE019Y07019
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 INE019Y07019, represents a significant financial instrument. Issued by CASA GRANDE ZEST PRIVATE LIMITED, it comes with the following description: "15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES A DATE OF MATURITY 31/10/2025.". 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, CASA GRANDE ZEST 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) U74999TN2016PTC112861 further bolster its credibility. With a coupon rate of 15, 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 1000000 with an issue size of 48. It was allotted on 11/7/2022 and is scheduled for redemption on 10/31/2025. 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: First ranking sole and exclusive charge on the Project Accounts(as defined in the Transaction Documents) – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.