Darvesh Properties Private Limited
INACTIVE
ISIN: INE589R07049
Issuer Details
Issuer Name
DARVESH PROPERTIES PRIVATE L...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
RESET RATE (REFER REMARKS)%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70100MH1988PTC048293
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNLISTED ...
Face Value (in ₹)
20000
Total Issue size( in ₹ Cr.)
35
Category of Instrument
-
Allotment Date
23-08-2018
Redemption Date
30-09-2022
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
EXCLUSIVE FIRST CHARGE BY WAY OF A REGISTERED ENGLISH MORTGAGE ON DEVELOPMENT RIGHTS, LEASEHOLD RIGHTS, ISSUER SHARES OF UNSLOD UNITS AND RECEVIABLES OF SOLD UNITS OF DARVESH HORIZON. CONTACT ISSUER FOR MORE DETAILS.
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About Darvesh Properties Private Limited bond with ISIN: INE589R07049
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 INE589R07049, represents a significant financial instrument. Issued by DARVESH PROPERTIES PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES.SERIES III. DATE OF MATURITY 30/09/2022". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, DARVESH PROPERTIES 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) U70100MH1988PTC048293 further bolster its credibility. With a coupon rate of RESET RATE (REFER REMARKS), this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 20000 with an issue size of 35. It was allotted on 8/23/2018 and is scheduled for redemption on 9/30/2022. Categorized under "-" 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: EXCLUSIVE FIRST CHARGE BY WAY OF A REGISTERED ENGLISH MORTGAGE ON DEVELOPMENT RIGHTS, LEASEHOLD RIGHTS, ISSUER SHARES OF UNSLOD UNITS AND RECEVIABLES OF SOLD UNITS OF DARVESH HORIZON. CONTACT ISSUER FOR MORE DETAILS. – 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 INE589R07023 having a coupon rate of RESET RATE (REFER REMARKS) and the bond with ISIN INE589R07031 having a coupon rate of RESET RATE (REFER REMARKS). 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.