Dalmia Bharat Refractories Limited
ACTIVE
ISIN: INE0EB007019
Issuer Details
Issuer Name
DALMIA BHARAT REFRACTORIES L...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
Tyre undertaking performanc%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U26100TN2006PLC061254
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
SECURED UNRATED UNLISTED RED...
Face Value (in ₹)
10
Total Issue size( in ₹ Cr.)
277.4
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
27-10-2023
Redemption Date
26-10-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
Post scheme effective date (as defined in the Resolution Plan) the issuer shall endeavor to create the security on Movable assets of the Tyre Undertaking excluding the entire movable assets of the Issuer existing prior to the Scheme Effective Date (excluding investment in SPV (as defined in the Resolution Plan)
Asset Type
Details of the security
Movable Asset
Post scheme effective date (as defined in the Resolution Plan) the issuer shall endeavor to create the security on Movable assets of the Tyre Undertaking excluding the entire movable assets of the Issuer existing prior to the Scheme Effective Date (excluding investment in SPV (as defined in the Resolution Plan)
Others, Please Specify
Post scheme effective date (as defined in the Resolution Plan) the issuer shall endeavor to create the security on investment in SPV (as defined in Resolution Plan)
Immovable Assets
Post scheme effective date (as defined in the Resolution Plan) the issuer shall endeavor to create the security on Immovable assets of the Tyre Undertaking excluding the entire immovable assets of the Issuer existing prior to the Scheme Effective Date (excluding investment in SPV (as defined in the Resolution Plan)
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About Dalmia Bharat Refractories Limited bond with ISIN: INE0EB007019
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 INE0EB007019, represents a significant financial instrument. Issued by DALMIA BHARAT REFRACTORIES LIMITED, it comes with the following description: "SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 26/10/2028". 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, DALMIA BHARAT REFRACTORIES 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) U26100TN2006PLC061254 further bolster its credibility. With a coupon rate of Tyre undertaking performanc, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10 with an issue size of 277.4. It was allotted on 10/27/2023 and is scheduled for redemption on 10/26/2028. 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. 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: Post scheme effective date (as defined in the Resolution Plan) the issuer shall endeavor to create the security on Movable assets of the Tyre Undertaking excluding the entire movable assets of the Issuer existing prior to the Scheme Effective Date (excluding investment in SPV (as defined in the Resolution Plan) – 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 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.