Casagrand Premier Builder Limited
ACTIVE
ISIN: INE0CEK07071
Issuer Details
Issuer Name
CASAGRAND PREMIER BUILDER LI...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
15.12%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70101TN2003PLC051989
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
15.12% SECURED UNRATED UNLIS...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
19
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
11-09-2024
Redemption Date
10-09-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
First ranking charge by way of hypothecation over the movable assets of the Company in relation to the Project
Asset Type
Details of the security
Others, Please Specify
NA
Non-Current Investments
NA
Tangible Assets
NA
Book Debts / Receivables
First ranking charge by way of hypothecation over the hypothecated property in respect of. Companys right, title and interest in the Project, and receivables arising from the Project falling to the entitlement of the Company pursuant to JDA and POA, together with all and any interest accruing in respect thereof, escrow accounts, construction account and other bank accounts of the Company in relation to the Project, hereinafter collectively referred to as Hypothecated Property
Intangible Assets
NA
Immovable Assets
First ranking exclusive charge and mortgage by way of deposit of title deeds
Trust & Retention Account /Escrow Accounts
First ranking charge by way of hypothecation over all bank accounts of the Company in relation to the Project
Movable Asset
First ranking charge by way of hypothecation over the movable assets of the Company in relation to the Project
Current Assets
First ranking charge by way of hypothecation over the current assets of the Company in relation to the Project
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About Casagrand Premier Builder Limited bond with ISIN: INE0CEK07071
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 INE0CEK07071, represents a significant financial instrument. Issued by CASAGRAND PREMIER BUILDER LIMITED, it comes with the following description: "15.12% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 10/09/2027.". 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 PREMIER BUILDER 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) U70101TN2003PLC051989 further bolster its credibility. With a coupon rate of 15.12, 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 100 with an issue size of 19. It was allotted on 9/11/2024 and is scheduled for redemption on 9/10/2027. 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 movable assets of the Company in relation to the Project – 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 INE0CEK07063 having a coupon rate of 21.75% and the bond with ISIN INE0CEK07055 having a coupon rate of 14.2%. 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.