Century Joint Developments Private Limited
ACTIVE
ISIN: INE050R07109
Issuer Details
Issuer Name
CENTURY JOINT DEVELOPMENTS P...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70200KA2010PTC052710
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
10% SECURED RATED LISTED RED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
750
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
28-02-2025
Redemption Date
25-11-2028
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
by Century Downtown and Navrang Developers over their receivables in respect of Project Downtown (as defined in the Debenture Trust Deed) being developed on land measuring approximately 7.5 acres and situated at Byatarayanapura Village, Yelahanka Hobli, Bangalore North Taluk, Bangalore, and / or their charged accounts and all funds from time to time deposited therein, both present and future
Asset Type
Details of the security
Immovable Assets
by Century Sheltors, the Hold Co, Century Silicon City Private Limited, Century Downtown Private Limited, Navrang Property Developers Private Limited, M/s. Vinayaka Enterprises, Mr. A. Ramakrishna, Indiland Developers Bangalore Private Limited, M/s. Adarsh Enterprises, M/s. Akruthi Enterprises, Century Dwellings Private Limited and Century Assets Private Limited, Century Living over certain mortgaged properties as more particularly identified in the Transaction Documents
Book Debts / Receivables
by the Company over its current assets, intangible assets, receivables, movable assets, charged account and all funds from time to time deposited therein, both present and future, other than any receivables and assets and as more particularly identified in the Debenture Trust Deed
Book Debts / Receivables
by Century Dwelling over its receivables in respect of Project Midtown (as defined in the Debenture Trust Deed) situated on land measuring approximately 49.75 acres at Channahalli and Tarabanahalli Villages, Jala Hobli, Yelahanka Taluk, Bangalore, and its charged account and all funds from time to time deposited therein, both present and future
Book Debts / Receivables
by Century Silicon over its receivables in respect of Project Silicon City (as defined in the Debenture Trust Deed) being developed on land measuring approximately 15 acres and situated at Munnekolalu Village, Varthur Hobli, Bangalore East Taluk, Bangalore, and / or each of its charged accounts and all funds from time to time deposited therein, both present and future
Book Debts / Receivables
by Century Downtown and Navrang Developers over their receivables in respect of Project Downtown (as defined in the Debenture Trust Deed) being developed on land measuring approximately 7.5 acres and situated at Byatarayanapura Village, Yelahanka Hobli, Bangalore North Taluk, Bangalore, and / or their charged accounts and all funds from time to time deposited therein, both present and future
Others, Please Specify
by Mr. P Ravindra Pai, Mr. P Ashwin Pai and Century Assets over 45% (forty five percent) of the partnership interest in Century Landmark
Book Debts / Receivables
Century Living shall create Encumbrance over his Receivables in respect of Project Vaderapura and his charged accounts and all funds from time to time deposited therein, both present and future
Book Debts / Receivables
by Adarsh Enterprises and Akruthi Enterprises over their receivables in respect of Project Calina (as defined in the Debenture Trust Deed) situated on land measuring approximately 22 acres at Yelahanka Amanikere and Yelahanka Villages, Yelahanka Hobli, Bangalore North Taluk, Bangalore, and their charged accounts and all funds from time to time deposited therein, both present and future
Non-Current Investments
by the Hold Co, Mr. P. Ravindra Pai, Mr. P. Satish Pai, Mr. P. Ashwin Pai, Mr. KN Yellappa and Mr. H. Yashwanth Shenoy over 100 percent of the issued and paid up equity share capital and all other securities of the Company on a fully diluted basis
Book Debts / Receivables
by Century Sheltors and Hold Co over their receivables in respect of Project Ethos (as defined in the Debenture Trust Deed) being developed on land measuring approximately 7.5 acres and situated at Amruthahalli and Byatarayanapura Villages, Yelahanka Hobli, Bangalore North Taluk, Bangalore, and each of their charged accounts and all funds from time to time deposited therein, both present and future
Non-Current Investments
by Mr. Ravindra Pai and Mr. P. Ashwin Pai over such percentage of the issued and paid up equity share capital and other convertible securities of Century Assets on a fully diluted basis as specified in the Transaction Documents
Non-Current Investments
by Mr. P. Dayananda Pai, Mrs. Mohini D. Pai, Mr. P. Satish Pai and Mr. S. Raghunath over 100% percentage of the issued and paid up equity share capital and other convertible securities of Navrang Developers on a fully diluted basis as specified in the Transaction Documents
Non-Current Investments
Mr. P. Ravindra Pai and Mr. P. Ashwin Pai shall create Encumbrance over 100% (one hundred percent) of the issued and paid up equity share capital and all other securities of Century Living (on a Fully Diluted Basis), both present and future
Non-Current Investments
by Dr. P. Dayananda Pai , Mrs. Mohini D Pai and Mr. H Yashwanth Shenoy over 100% percentage of the issued and paid up equity share capital and all other convertible securities of Century Downtown on a fully diluted basis as specified in the Transaction Documents
Book Debts / Receivables
by Indiland Developers over its receivables in respect of Project Meenukunte (as defined in the Debenture Trust Deed) situated on land measuring approximately 22 acres at Meenukunte Village, Jala Hobli, Yelahanka Taluk, Bangalore, and its charged account and all funds from time to time deposited therein, both present and future
Book Debts / Receivables
by Vinayaka Enterprises over its receivables in respect of Project Mysore (as defined in the Debenture Trust Deed) situated on land measuring approximately 39.75 acres at Kurubarahalli Village, Kasaba Hobli, Mysore North Taluk, Mysore, and its charged accounts and all funds from time to time deposited therein, both present and future
Non-Current Investments
by Mr. P. Ravindra Pai, Mr. P. Ashwin Pai and Mr. Dev S Patel over 100 percentage of the issued and paid up equity share capital and preference share capital and on 100 percentage of such all other securities of the Hold Co
Others, Please Specify
by the relevant members of the group over the subordinated indebtedness provided by them to the other members of the group
Others, Please Specify
by Mr. P. Satish Pai and Mr. P. Ashwin Pai over 100% (one hundred percent) of the partnership interest held by them in Vinayaka Enterprises
Others, Please Specify
by Mr. K.N. Yellappa, Mr. A. Ramakrishna, Mr. M.S. Mahadevaiah and the Hold Co over 100% (one hundred percent) of the partnership interest held by them in Akruthi Enterprises
Others, Please Specify
by Dr. P Dayananda Pai, Mr. P Satish Pai, Mr. P Ashwin Pai and Century Assets over 55% (fifty five percent) of the partnership interest in Century Megacity
Others, Please Specify
by Mr. P. Satish Pai and Mr. P. Ashwin Pai over 100% (one hundred percent) of the partnership interest held by them in Adarsh Enterprises
Non-Current Investments
by the Hold Co and Mr. A. Ramakrishna over 100 percent of the issued and paid up equity share capital and all other convertible securities of Century Sheltors on a fully diluted basis
Non-Current Investments
by Hold Co, the Company, Mr. K.N. Yellappa, Mr. Yashwanth Shenoy and Mr. M S Mahadevaiah over 100 percent of the issued and paid up equity share capital and all other convertible securities of Century Silicon on a fully diluted basis
Non-Current Investments
by Mr. P. Ravindra Pai and Mr. P. Ashwin Pai over 100 percent of the issued and paid up equity share capital and all other convertible securities of Century Dwelling on a fully diluted basis
Non-Current Investments
by the Hold Co and Dr. P. Dayananda Pai over 100 percent of the issued and paid up equity share capital and all other convertible securities of Indiland Developers on a fully diluted basis
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About Century Joint Developments Private Limited bond with ISIN: INE050R07109
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 INE050R07109, represents a significant financial instrument. Issued by CENTURY JOINT DEVELOPMENTS PRIVATE LIMITED, it comes with the following description: "10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 2 DATE OF MATURITY 25/11/2028.". 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, CENTURY JOINT DEVELOPMENTS 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) U70200KA2010PTC052710 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 750. It was allotted on 2/28/2025 and is scheduled for redemption on 11/25/2028. 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. The bond carries a credit rating of C as provided by Acuite Ratings And Research Limited. In the market, ratings typically range from D to AAA, and a rating of C is generally considered to be on the riskier end of the spectrum. 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: by Century Downtown and Navrang Developers over their receivables in respect of Project Downtown (as defined in the Debenture Trust Deed) being developed on land measuring approximately 7.5 acres and situated at Byatarayanapura Village, Yelahanka Hobli, Bangalore North Taluk, Bangalore, and / or their charged accounts and all funds from time to time deposited therein, both present and future – 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 INE050R07067 having a coupon rate of 18% and the bond with ISIN INE050R07075 having a coupon rate of N/A and the bond with ISIN INE050R07091 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.