Casagrand Hyderwise Private Limited
ACTIVE
ISIN: INE0OK807019
Issuer Details
Issuer Name
CASAGRAND HYDERWISE PRIVATE ...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
15%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70109TN2021PTC148904
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.)
55
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
22-11-2022
Redemption Date
31-12-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
-
Details of Asset Cover
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 First ranking charge by way of hypothecation over the hypothecated property in respect of Casa Grande Zest Private Limiteds right, title and interest in the Chennai pro
Asset Type
Details of the security
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
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.
Movable Asset
Second ranking charge by way of hypothecation over the hypothecated property in respect of Casa Grande Grace Private Limited right, title and interest in the villa project (Project Grandio) being developed on 7 acre 22.5 cents of land parcel situated in Vandalur Taluk, Chengalpattu District (formerly Thiruporur Taluk and Kancheepuram District) (Project Land Grandio), receivables arising therefrom, together with all and any interest accruing in respect thereof, escrow accounts, construction
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 First ranking charge by way of hypothecation over the hypothecated property in respect of Casa Grande Zest Private Limiteds right, title and interest in the Chennai pro
Immovable Assets
First ranking charge by way of mortgage by deposit of title deeds (and registration thereof) on Company entire right, title and interest (a) on 10.07 Acres of land situated at Mamidipally , Hyderabad (Project Land) over which the villa 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 First ranking charge by way of mortgage by deposit of title deeds (and registration
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About Casagrand Hyderwise Private Limited bond with ISIN: INE0OK807019
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 INE0OK807019, represents a significant financial instrument. Issued by CASAGRAND HYDERWISE PRIVATE LIMITED, it comes with the following description: "15% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES A DATE OF MATURITY 31/12/2025.". 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, CASAGRAND HYDERWISE 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) U70109TN2021PTC148904 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 55. It was allotted on 11/22/2022 and is scheduled for redemption on 12/31/2025. 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 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 First ranking charge by way of hypothecation over the hypothecated property in respect of Casa Grande Zest Private Limiteds right, title and interest in the Chennai pro – 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.