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  1. Home
  2. Cyqure India Private...

Cyqure India Private Limited

ACTIVE

ISIN: INE0Z4807015

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Credit Rating Details

Key Documents

Issuer Details


Issuer Name

CYQURE INDIA PRIVATE LIMITED

Type of Issuer

Non PSU

Sector

Services

Coupon Rate

-

Industry

Commercial Services & Suppli...

Issuer nature

Other

Corporate Identity Number (CIN)

U72900MH2017PTC294484

Name of the Lead Manager

-

Registrar

KFIN TECHNOLOGIES PRIVATE LI...

Name of Debenture Trustee

Catalyst Trusteeship Limited...

Instrument Details


Instrument name as on NSDL

SECURED RATED LISTED REDEEMA...

Face Value (in ₹)

100000

Total Issue size( in ₹ Cr.)

3000

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

17-09-2024

Redemption Date

17-03-2028

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

First ranking pledge over 100% of the equity shares of the Company

Sr No.

Asset Type

Details of the security

1

Movable Asset

First ranking charge by way of hypothecation by Cyqurex Technologies Private Limited all its movable assets, all current assets, all the bank accounts, all cash flows and receivables received/ receivable by it and such other assets of CTPL as set out in the deed of hypothecation to be executed between CTPL and the CIPL Debenture Trustee

2

Others, Please Specify

such other security interest and contractual comforts as may be agreed with the CIPL Debenture Trustee/ Common Security Trustee in relation to the CIPL Debentures

3

Others, Please Specify

Yes

4

Movable Asset

Yes

5

Trust & Retention Account /Escrow Accounts

Yes

6

Movable Asset

First ranking pledge over 100% of the equity shares of Ecopolis Properties Private Limited

7

Movable Asset

First ranking charge by way of hypothecation on all receivables arising out of the partnership interests of each of the Shareholders in Aasia LLP and such other assets of the Shareholders as set out in the deed of hypothecation to be executed between each of the Shareholders and the CIPL Debenture Trustee

8

Intangible Assets

Yes

9

Movable Asset

First ranking pledge over 100% of the equity shares of the Company

10

Movable Asset

First ranking charge by way of hypothecation on the subordinated debt granted by a subordinated lender to the Company, as per the terms of the Debenture Trust Deed and deed of hypothecation to be executed between subordinated lender and the Common Security Trustee

11

Movable Asset

First ranking charge by way of hypothecation by Ecopolis Properties Private Limited on all its movable assets, all current assets, all the bank accounts, all cash flows and receivables received/ receivable by it and such other assets of EPPL as set out in the deed of hypothecation to be executed between EPPL and the CIPL Debenture Trustee

12

Movable Asset

First ranking pledge over 100% of the equity shares of Cyqurex Technologies Private Limited

13

Current Assets

Yes

14

Movable Asset

First ranking pledge over 0.40% of the equity shares of Reliance Health Insurane Company Limited

15

Book Debts / Receivables

Yes

16

Movable Asset

First ranking charge by way of hypothecation on all current assets, all bank accounts, all cash flows and receivables received/receivable by the Company, all rights, title and interest of the Company in any shareholder loans provided by it and such other assets of the Company as set out in the deed of hypothecation to be executed between the Company and the CIPL Debenture Trustee

17

Tangible Assets

Yes

18

Movable Asset

First ranking charge by way of hypothecation by Aasia LLP on all its movable assets, all current assets, all bank accounts, all cash flows and receivables received or receivable by Aasia LLP, all rights, title and interest of Aasia LLP in any loans provided by it and such other assets of Aasia LLP as set out in the deed of hypothecation to be executed between Aasia LLP and the CIPL Debenture Trustee

19

Movable Asset

First ranking pledge over 0.40% of the equity shares of Reliance General Insurance Company Limited

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

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About Cyqure India Private Limited bond with ISIN: INE0Z4807015

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 INE0Z4807015, represents a significant financial instrument. Issued by CYQURE INDIA PRIVATE LIMITED, it comes with the following description: "SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 17/03/2028". 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, CYQURE INDIA 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) U72900MH2017PTC294484 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED 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 3000. It was allotted on 9/17/2024 and is scheduled for redemption on 3/17/2028. 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 BBB- as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of BBB- 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: First ranking pledge over 100% of the equity shares of the Company – 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_27-09-2024. 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 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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