Clean Max Enviro Energy Solutions Private Limited
ACTIVE
ISIN: INE647U08021
Issuer Details
Issuer Name
CLEAN MAX ENVIRO ENERGY SOLU...
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
11.5%
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U93090MH2010PTC208425
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
11.50% UNSECURED RATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
100
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
09-12-2022
Redemption Date
08-06-2027
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
0.7%
Details of Asset Cover
-
Asset Type
Details of the security
Non-Current Investments
first ranking charge on all receivables of the Issuer from the inter corporate borrowings as specified in DTD ranking pari passu with the Other Debentures and the Permitted Mezzanine Debt
Others, Please Specify
first ranking charge over the partnership interest held by the Issuer in the LLP Agreements, as specified in DTD ranking pari passu with the Other Debentures and the Permitted Mezzanine Debt
Trust & Retention Account /Escrow Accounts
first ranking charge on the DSRA and all amounts deposited therein including the Required DSRA Amount ranking paripassu with the other debentures
Others, Please Specify
first ranking pledge over the Pledged Securities (Founder) ranking pari passu with the Other Debentures and the Permitted Mezzanine Debt
Others, Please Specify
first ranking pledge over the Pledged Securities (KEMPINC) ranking pari passu with the Other Debentures and the Permitted Mezzanine Debt
Movable Asset
first ranking charge over the assets of Clean Max Vayu Private Limited ranking pari passu with the Other Debentures and the Permitted Mezzanine Debt
Current Assets
charge on cashflows and receivables of the Issuer, including receivables from the Subsidiaries and Project Companies, ranking subservient to the Existing Working Capital Facilities and pari passu with the Other Debentures and the Permitted Mezzanine Debt
Others, Please Specify
first ranking pledge over the Pledged Securities (Project Companies) ranking paripassu with the Other Debentures and the Permitted Mezzanine Debt
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About Clean Max Enviro Energy Solutions Private Limited bond with ISIN: INE647U08021
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 INE647U08021, represents a significant financial instrument. Issued by CLEAN MAX ENVIRO ENERGY SOLUTIONS PRIVATE LIMITED, it comes with the following description: "11.50% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 08/06/2027.". 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, CLEAN MAX ENVIRO ENERGY SOLUTIONS 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) U93090MH2010PTC208425 further bolster its credibility. With a coupon rate of 11.5, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 100. It was allotted on 12/9/2022 and is scheduled for redemption on 6/8/2027. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Unsecured, 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 A+ as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of A+ 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: No specific asset cover description available. – 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. The bond is supported by a variety of documents including CARE RATINGS LIMITED_06-11-2024. 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 INE647U07031 having a coupon rate of 12.5% and the bond with ISIN INE647U08013 having a coupon rate of 11.5%. 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.