Credright Finance Private Limited
ACTIVE
ISIN: INE0RGR07038
Issuer Details
Issuer Name
CREDRIGHT FINANCE PRIVATE LI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
14.25%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65991TG2019PTC130322
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
14.25% SECURED UNRATED UNLIS...
Face Value (in ₹)
500000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
22-03-2024
Redemption Date
22-09-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal
Asset Percentage
110%
Details of Asset Cover
Clause 18
Asset Type
Details of the security
Book Debts / Receivables
Clause 18
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About Credright Finance Private Limited bond with ISIN: INE0RGR07038
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 INE0RGR07038, represents a significant financial instrument. Issued by CREDRIGHT FINANCE PRIVATE LIMITED, it comes with the following description: "14.25% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES F DATE OF MATURITY 22/09/2026". 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, CREDRIGHT FINANCE 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) U65991TG2019PTC130322 further bolster its credibility. With a coupon rate of 14.25, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 500000 with an issue size of 10. It was allotted on 3/22/2024 and is scheduled for redemption on 9/22/2026. 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: Clause 18 – 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 INE0RGR07012 having a coupon rate of 14.75% and the bond with ISIN INE0RGR07020 having a coupon rate of 14.75%. 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.